India: Balco hikes aluminium ingot prices by INR 10,000/t ($131/t)

  • Bharat Aluminium Company (Balco) increased primary aluminium ingot (P1020, 99.7%) prices by INR 10,000/t ($131/t) d-o-d, as per company sources.
  • Post revision, Balco’s effective price stands at INR 324,000/t ($4,260/t).
  • The sudden rise in LME prices led to the price hike.

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