India: Hindalco, Balco cut aluminium ingot prices by up to INR 4,500/t ($52/t)

India’s primary producers reduced aluminium ingot (P1020, 99.7%) prices by up to INR 4,500/t ($52/t) compared to 14 Aug’25. Post-revision, Hindalco’s prices were at 264,750/t ($3,039/t), down by INR 4,500/t ($52/t), and Balco’s at INR 267,250/t ($3,067/t), down by INR 2,500/t ($29/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,576/t.


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