Balco, one of India’s leading aluminium producers, cut prices of its primary aluminium P1020 (99.7%) ingots by INR 4,000/t ($47/t), effective 26 Oct’24. Balco’s new prices are at INR 259,250/t ($3,082/t), down from INR 263,250/t ($3,130/t) on 25 Oct. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,670/t.
India: Balco reduces aluminium P1020 ingot prices by INR 4,000/t ($47/t)
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