Tag: scrap to ingot spread

India: ADC12 aluminium OEM-grade alloy ingot prices rise m-o-m in Apr’25 amid scrap shortages

Apr 11, 2025

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by

Manya Dewangan

in Aluminium, Non Ferrous

Indian scrap imports hit as US, ME see strong domestic demand Leading automaker expected to lift ADC12 ingot prices in May’25 Aluminium ADC12 alloyed ingot prices increased m-o-m, to a seven-month high, across both northern and southern India in April 2025, according to BigMint’s benchmark assessments. Ingot prices were propelled by steadily rising scrap tags.…