Author: Drishya Yadav
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India: Hindalco lowers aluminium ingots prices by INR 1,250/t ($16/t)
Hindustan Aluminium Corporation Limited (Hindalco) decreased primary aluminium ingots (P1020, 99.7%) prices by INR 1,250/t ($16/t) today against 12 April 2022. The effective price stands at INR 280,500/t ($3,686/t). The closing price for the three-month aluminium futures on LME was $3,236/t on 13 April 2022 against $3,267/t the previous day. The company has a production…