Tag: India automobile manufacturer

India: Major automaker’s Nov’24 ADC12 prices hit 8-month low amid weak demand

Oct 9, 2024

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by

Neha TU

in Aluminium

A prominent automobile manufacturer has announced its ADC12 prices for Nov’24 settlements at INR 209,900/t, reflecting a reduction of INR 6,000/t from October’s price of INR 215,900/t. This marks the lowest price level seen in eight months, with the last similar figure recorded in Mar’24. The decline is primarily attributed to sluggish demand in the…