Hindalco and Balco, India’s primary aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by INR 3,000/t ($35/t) today compared to 20 May’25. Post-revision, prices stood at INR 254,000/t ($2,971/t) for Hindalco and at INR 254,750/t ($2,980/t) for Balco. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME were at $2,484/t.
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