India: Hindalco, Balco cut aluminium ingots prices by INR 1,250/t

—

Hindalco and Balco have reduced primary aluminium ingots (P1020, 99.7%) prices by INR 1,250/t ($12/t) today as against 13 Dec.
Balco’s prices stand at INR 230,000/t ($2,787/t). Meanwhile, Hindalco’s prices are at INR 226,500/t ($2,745/t) exw, excluding GST.
The fall by 0.69% in LME’s aluminium price recently may be a factor for decline in prices.

Comments