Tag: Automotive sector
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India: ADC12 aluminium alloyed ingot OEM-grade prices drop to 10-month low in South India
Prices in northern India remain firm m-o-m Slow auto sector keeps tags under pressure Prices of aluminium ADC12 alloyed ingots declined m-o-m across south India, with BigMint’s benchmark monthly assessment placing the OEM-approved grade at a ten-month low of INR 208,000/t in Chennai, levels last seen in February 2024. This marks a fall of INR…