Author: Abhishek Bhalla

Leading primary aluminium producers – Balco and Hindalco – have raised aluminium ingot (P1020 grade 99.7%) prices by INR 1,500/t ($19/t) on d-o-d basis. After the revision, Balco’s effective prices stand at INR 211,500/t ($2,660/t) while Hindalco’s prices are at INR 206,750/t ($2,600/t). The recovery in spot prices and futures supported the price hike, SteelMint…