India: Hindalco, Balco raise aluminium ingot prices by up to INR 2,000/t ($22/t)

India’s primary producers increased aluminium ingot (P1020, 99.7%) prices by up to INR 2,000/t ($22/t) compared to 11 Mar’25. Post revision, Hindalco’s prices are at INR 283,000/t ($3,249/t), up by INR 2,000/t ($22/t), and Balco’s were at INR 284,000/t ($3,260/t), up by INR 2,000/t ($22/t). All prices are ex-works and exclude GST. Aluminium futures on the LME are assessed at $2,692/t.