Balco has raised aluminium ingots (P1020 grade 99.7%) prices by up to INR 9,500/t ($115/t) against 22 Oct’22. Balco’s effective prices stand at INR 220,250/t ($2,672/t) exw, excluding GST. The price hike was in line with an increase in LME’s futures and spot prices by over $100/t in recent days.
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