India: Nalco, Balco lower aluminium ingots prices by up to INR 40,600/t ($530/t)

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National Aluminium Company Limited (Nalco) and Bharat Aluminium Company (Balco) have reduced primary aluminium ingots (P1020, 99.7%) prices by INR 40,600/t ($530/t) and INR 2,750/t ($36/t), respectively, on 11 Mar’22, as per reports collated by SteelMint.
Nalco’s effective price stands at INR 306,100/t ($4,000/t) while Balco’s effective price is INR 309,750/t ($4,048/t).

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