Author: Drishya Yadav

India: Hindalco, Balco cut aluminium ingots prices by up to INR 3,500/t

Nov 18, 2022

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by

Drishya Yadav

in Non Ferrous

Hindalco and Balco have reduced primary aluminium ingots (P1020, 99.7%) prices by up to INR 3,500/t ($43/t) today from 17 Nov’22. Balco’s prices stand at INR 224,250/t ($2,745/t), while Hindalco’s prices are at INR 220,750/t ($2,702/t) exw, excluding GST. The price cut was the result of a decrease in LME spot and futures prices by…