Tata Toyo Radiator, a JV between Tata AutoComp Systems and Mitsubishi, held an auction for 120 t of aluminium scrap radiators on 13 Jan’23. The entire quantity was booked at INR 165,200/t exw, as per sources. The material was offered in bailed and un-bailed forms from its Hinjewadi and Chakhan units in Pune. Bailed material was charged with an additional INR 4,500/t.
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