Tag: OEMs
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India’s aluminium ADC12 prices gain w-o-w amid escalating raw material costs
Aluminium ADC12 alloy ingot automobile equivalent spot prices rose by INR 2,000/t w-o-w to INR 204,000/t. This increase is primarily attributed to the uptick in local tense scrap prices, as per BigMint’s assessment. India’s leading automobile manufacturer, influential in setting prices within the domestic aluminum alloy ingot market, disclosed its monthly settlement prices for aluminum…