Author: Drishya Yadav
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India: Balco hikes aluminium ingot prices by INR 2,750/t
Balco has increased primary aluminium ingot (P1020, 99.7%) prices by INR 2,750/t ($34/t) today as against 22 Jul’22. The effective price is INR 229,750/t ($2,876/t). The closing price for the three-month aluminium futures on LME stood at $2,475/t on 22 Jul, increased $55/t d-o-d, while cash prices increased by $34/t to $2,460/t d-o-d on the…