Author: Drishya Yadav

Hindalco has cut aluminium ingots (P1020 grade 99.7%) prices by INR 9,000/t ($109/t) against 28 Oct’22. However, Balco’s price remained unchanged at INR 216,000/t ($2,614/t), while Hindalco’s prices are at INR 208,500/t ($2,644/t) exw, excluding GST. The price cut was the result of a decrease in LME spot prices by up to $30/t d-o-d.