Balco, one of India’s leading aluminium producers, raised prices of its primary aluminium P1020 (99.7%) ingots by INR 11,750/t ($139/t), effective 16 Nov’24. Balco’s new prices are at INR 264,000/t ($3,125/t), up from INR 252,250/t ($2,986/t) on 14 Nov. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,656/t.
India: Balco raises aluminium P1020 ingot prices by INR 11,750/t ($139/t)
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