India’s Aluminium ingot imports likely to rise 42% y-o-y in FY’24

India’s aluminium ingot imports are expected to increase sharply by 42% to over 290,000 tonnes (t) in FY’24 from around 204,000 t in FY’23, as per BigMint data. Imports of non-alloyed ingots are expected to increase by 68% on FY basis, while inbound shipments of aluminium alloy ingots (of A356, ADC12, LM6, LM25 grades) are likely to edge up by 30% y-o-y.