Tag: aluminum price forecast

India: Major automaker’s ADC12 settlement prices for Feb’25 remain steady m-o-m

Jan 24, 2025

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by

Manya Dewangan

in Aluminium, INGOT, Non Ferrous

A leading automobile manufacturer has set its ADC12 prices for Feb’25 settlements at INR 207,900/t, representing a decrease of INR 100/t from January’s INR 208,000/t. This remains the lowest price in 11 months, with similar levels last observed in Mar’24. The drop is primarily attributed to continued weak demand in the automobile sector.