India: Hindalco, Balco raise aluminium ingot prices by up to INR 8,250/t ($98/t)

India’s primary producers have increased aluminium ingot (P1020, 99.7%) prices by INR 8,250/t ($98/t) today in comparison with 31 Jul’24. Hindalco’s prices are at INR 224,500/t ($2,682/t) and Balco’s prices are at INR 225,500/t ($2,694/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,319/t.


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