Tag: OEM expectations

India’s top automobile manufacturer has set ADC12 Aug’24 settlement prices at INR 222,000/t, reflecting a modest reduction of INR 1,000/t from the previous month’s INR 223,000/t. Although OEMs had anticipated a decrease of INR 2,000 to INR 3,000/t for Aug’24 settlement prices, the prices have shown resilience with only a minor adjustment. This stability is…