- Aluminium majors Balco and Nalco increased prices of aluminium ingots up to INR 10,900/t.
- Nalco announced a major hike of INR 10,900/t and the effective price stands at INR 256,100/t ($3,296/t) on 19 May’22, while Balco’s effective price was INR 256,750/t ($3,304/t) on 18 May.
- LME 3-month aluminium prices increased by $22/t yesterday to $2,857/t.
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