India: Balco, Hindalco hike aluminium ingot prices by INR 3,000/t ($38/t)

Bharat Aluminium Company (Balco) and Hindustan Aluminium Corporation Limited (Hindalco) have raised primary aluminium ingot (P1020 grade 99.7%) prices by INR 3,000/t ($38/t) on an increase in futures as well as spot prices. After the revision, Balco’s effective price stands at INR 231,750/t ($2,909/t) while Hindalco’s price is at INR 231,250/t ($2,909/t).


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