Balco, one of India’s leading aluminium producers, cut prices of its primary aluminium P1020 (99.7%) ingots by INR 2,000/t ($23/t) effective 28 Dec’24. Balco’s new prices are at INR 255,000/t ($2,985/t), down from INR 257,000/t ($3,009/t) on 25 Dec. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,557/t.
India: Balco reduces aluminium P1020 ingot prices by INR 2,000/t ($23/t)
aluminium cost reduction Aluminium futures aluminium market December 2024 aluminium market news aluminium P1020 price aluminium price change aluminium price cut aluminium price December 2024 aluminium prices India aluminium pricing trends BALCO Balco price reduction Balco price update ex-works price India aluminium producers Indian aluminium industry INR 255 INR to USD LME ALUMINIUM P1020 aluminium ingots primary aluminium ingots
Leave a Reply