Author: Drishya Yadav
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India: Hindalco, Balco cut ingots prices by INR 3,500/t ($42/t)
Hindalco and Balco have decreased primary aluminium ingots (P1020, 99.7%) prices by INR 3,500/t ($42/t) today. Post-revision, Balco’s prices are at INR 230,750/t ($2,790/t) and Hindalco’s at INR 227,250/t ($2,748/t). Prices are exw, excluding GST. Balco’s ADC12 and sow ingots (CG 99.5%) prices decreased INR 3,500/t to INR 234,450/t and INR 230,250/t respectively. Hindalco’s sow…