Tag: weak demand automotive sector

India: Aluminium ADC12 non-OEM prices remain stable w-o-w amid sluggish demand

Dec 18, 2024

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by

Manya Dewangan

in Aluminium, INGOT, Non Ferrous

Three-month aluminium futures dip 3% w-o-w Key auto maker cuts prices for Jan settlements Prices of aluminium (non-OEM) ADC12 alloyed ingots remained stable w-o-w across both northern and southern regions in India, largely due to ongoing sluggish demand in the automotive sector and a weakened export market. BigMint’s weekly assessments for ADC12 (non-OEM) grade stood…