India’s primary producers reduced aluminium ingot (P1020, 99.7%) prices by up to INR 2,750/t ($32/t) compared to 19 Aug’25. Post-revision, Hindalco’s prices were at 262,500/t ($3,014/t), down by INR 2,250/t ($26/t), and Balco’s at INR 264,500/t ($3,038/t), down by INR 2,750/t ($32/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,566/t.
India: Hindalco, Balco cut aluminium ingot prices by up to INR 2,750/t ($32/t)
aluminium ex-works prices aluminium futures LME aluminium GST excluded aluminium industry India aluminium ingot P1020 99.7% aluminium market update aluminium price cut India aluminium prices August 2025 Balco aluminium ingot prices Balco price cut Hindalco aluminium ingot prices Hindalco price cut primary aluminium producers India
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