Bharat Aluminium Company (Balco) raised primary aluminium ingot (P1020, 99.7%) prices by INR 1,250/t ($16/t) today on a d-o-d basis. Post revision, Balco’s effective price stands at INR 223,250/t ($2,796/t). Persistent low stocks at LME’s registered warehouses and the marginal rebound in futures fuelled the slight rise in prices, SteelMint learnt from sources.
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