Hindalco has reduced primary aluminium ingots (P1020, 99.7%) prices by INR 2,000/t ($24/t) today against 19 Nov’22. Current prices are at INR 221,250/t ($2,706/t) exw, excluding GST. The negative closing of LME prices by 2.1% yesterday could be the reason behind the price cut. However, Balco’s prices remain unchanged at INR 226,750/t ($2,773/t).
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