Tag: automotive demand aluminium
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India: ADC12 prices rise m-o-m in Feb’26 on higher raw material costs; near-term outlook remains positive
OEMs attempting to negotiate Feb settlements lower Market awaits Mar’26 automaker settlements India’s aluminium ADC12 alloy ingot prices surged m-o-m in February 2026 across regions amid a rise in raw material prices and sustained firm auto demand. BigMint’s monthly assessment for OEM-grade ADC12 showed slight price hikes across key regions: Delhi: INR 258,000/t, up by…