India: Hindalco, Balco raise aluminium ingot prices by up to INR 2,750/t ($31/t)

India’s primary producers increased aluminium ingot (P1020, 99.7%) prices by up to INR 2,750/t ($31/t) compared to 8 Mar’25. Post-revision, Hindalco’s prices were at INR 281,000/t ($3,218/t), up by INR 2,750/t ($31/t), and Balco’s were at INR 282,000/t ($3,229/t), up by INR 1,750/t ($20/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,692/t.