India: Hindalco, Balco cut ingots prices by INR 3,750/t ($46/t)

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Primary aluminium players – Hindalco and Balco – have cut ingots (P1020, 99.7%) prices by INR 3,750/t ($46/t) today. Post-revision, Balco’s prices are at INR 217,000/t ($2,646/t) and Hindalco’s at INR 221,500/t ($2,701/t).
Balco’s ADC12 prices are at INR 220,700/t, sow ingots (CG 99.5%) at INR 216,500/t and EC rods (12.5mm) at INR 223,500/t.
All prices are exw, excluding GST.

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