India: Hindalco, Balco reduce ingots prices by up to INR 5,500/t

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Hindalco and Balco reduced primary aluminium ingots (P1020, 99.7%) prices by up to 5,500/t ($66/t) today. Post-revision, Balco’s prices are at INR 224,000/t ($2,701/t) and Hindalco’s at INR 220,500/t ($2,659/t). Prices are exw excluding GST.
Balco’s ADC12 and sow ingots (CG 99.5%) prices are at INR 227,700/t and INR 223,500/t and EC rods (12.5mm) are at INR 230,500/t, Hindalco’s sow ingots (CG 99.5%) prices are at INR 220,500/t.

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