Tag: oversupply of ADC12 ingots
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India: ADC12 aluminium alloyed ingot prices dip w-o-w
High inventories in auto sector raise concerns Some manufacturers currently operating at a loss Domestic spot prices of aluminium ADC12 alloyed ingots inched down by INR 1,000/t w-o-w in both the northern and southern regions of the country pressured by weak demand and stable domestic raw material costs. BigMint’s benchmark assessments for ADC12 (non-OEM) grade…