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India: ADC12 aluminium alloyed ingot OEM prices drop to 9-month low, market awaits further clarity

Nov 6, 2024

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by

Drishya Yadav

in Aluminium, Non Ferrous

Demand yet to pick up following festive season Slow auto sector, weak exports weigh on prices Prices of aluminium ADC12 alloyed ingots declined m-o-m across both northern and southern regions in India, largely due to ongoing sluggish demand in the automotive sector and a weakened export market. Notably, prices of the OEM-approved ADC12 grade plunged…