Author: Abhishek Bhalla

India: Hindalco, Nalco cut aluminium ingots prices by up to INR 4,250/t

Aug 3, 2022

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by

Abhishek Bhalla

in Non Ferrous

Hindalco has reduced primary aluminium ingots (P1020/IE10, 99.7%) prices by INR 4,250/t ($54/t) today. The effective price stands at INR 224,500/t ($2,851/t). Nalco has cut prices of the same by INR 1,000/t ($13/t). The effective price stands at INR 226,900/t ($2,882/t). The closing price of the three-month aluminium futures on LME stood at $2,414/t on…