Author: Drishya Yadav

Hindalco has decreased primary aluminium ingot (P1020, 99.7%) prices by INR 4,750/t ($60/t) today as against 5 July. The effective price is at INR 219,500/t ($2,768/t). The closing price for the three-month aluminium futures on LME stood at $2,392/t on 5 July, down $72/t d-o-d, while cash prices decreased by $57/t to $2,374/t d-o-d on…