Tag: India: Major automaker raises ADC12 settlement prices for Mar’25 amid raw material shortage

A leading automobile manufacturer has set its ADC12 settlement prices for Mar’25 at INR 212,110/t, marking an increase of INR 4,210/t m-o-m, the highest in the past four months. This hike follows a recent surge in imported aluminium scrap prices amid its tight supply. Notably, the scrap-to-semi-finished spread for Mar’25 rose to INR 36,000-37,000/t, up…