India: Balco hikes aluminium ingot prices by INR 3,000/t

  • Balco increased primary aluminium ingots (P1020, 99.7%) prices by INR 3,000/t ($38/t) today as against 1 Jul’22, The company’s effective price is INR 226,500/t ($2864/t). Moreover, Hindalco has decreased prices by INR 1,500/t ($19/t) as against 30 Jun. The company’s effective price is INR 224,250/t ($2,836/t).
  • The closing price for the three-month aluminium futures on LME stood at $2,464/t on 4 Jul, up $20/t as against last trading day.

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