India: BALCO trims aluminium P1020 ingot prices by INR 2,250/t ($25/t)

BALCO, one of India’s leading aluminium producers, has reduced prices of its primary aluminium P1020 (99.7%) ingots by INR 2,250/t ($25/t), effective 4 Mar’25. Balco’s revised prices are at INR 273,500/t ($3,135/t), down from INR 275,750/t ($3,160/t) on 25 Feb. All prices are ex-works and exclude GST. At reporting time, aluminium futures on the LME stood at $2,607/t.