Author: Drishya Yadav

Hindalco and Balco increased primary aluminium ingot (P1020, 99.7%) prices on 7 Jun’22 by INR 3,750/t ($48/t) compared to 2 Jun. Hindalco’s effective price is INR 246,500/t ($3,172/t) exw, while Balco’s effective price stands at INR 249,000/t ($3,205/t) exw. The three-month LME aluminum contract price was recorded at $2,782/t, rising $56/t, while cash prices closed…