India: Balco, Hindalco trim aluminium ingot prices by up to INR 2,500/t ($30/t)

India’s primary producers have decreased aluminium ingot (P1020, 99.7%) prices by INR 2,500/t ($30/t) today in comparison with 16 Jul’24. Balco’s prices are at INR 236,500/t ($2,830/t) and Hindalco’s at INR 235,500/t ($2,818/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,408/t.


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