- Bharat Aluminium Company (Balco) decreased primary aluminium ingots (P1020, 99.7%) prices by INR 3,750/t ($49/t) d-o-d.Post revision, Balco’s effective price stands at INR 306,000/t ($3,986/t) exw.
- The closing price for the three-month aluminium futures on LME stood at $3,483/t on 11-Mar’22 as against $3,427/t the previous day.
- The company has a production capacity of around 0.6 mnt per annum and it accounts for 15% market share.
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