India: Primary aluminium producers cut ingot offers by up to INR 11,400/t ($137/t)

Nalco, Hindalco, and Balco have slashed aluminium ingot offers by up to INR 11,400/t ($137/t) following the constant decline in LME prices. Balco’s effective prices are INR 210,750/t ($2,534/t), down INR 2,500/t ($27/t) while Hindalco’s prices are at INR 206,000/t ($2,477/t), down by INR 2,250/t ($27/t). Nalco’s prices are at INR 212,100/t exw ($2,551/t), down INR 11,400/t ($137/t) excluding GST.


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