Hindalco and Balco, India’s leading aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by up to INR 3,250/t ($37/t) today, compared to 12 Feb’25. Post-revision, Balco’s prices are at INR 272,000/t ($3,131/t), down INR 1,350/t ($15/t), and Hindalco’s at INR 271,500/t ($3,125/t), down INR 3,250/t ($37/t). All prices are ex-works, excluding GST. Aluminium futures on the LME were at $2,629/t at reporting time.
India: Hindalco, Balco cut aluminium ingot prices by up to INR 3,250/t ($37/t)
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