Balco, India’s leading aluminium producer, has decreased the price of P1020 (99.7%) ingots by INR 3,750/t ($45/t) d-o-d, effective 30 Aug’24. Balco’s new price is INR 244,000/t ($2,910/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME were priced at $2,487/t.
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