India: Hindalco, Balco cut aluminium ingot prices by INR 2,250/t ($25/t)

India’s primary aluminium producers reduced ingot (P1020, 99.7%) prices by INR 2,250/t ($25/t) compared to 23 Sep’25. Post-revision, Hindalco’s prices stood at INR 265,500/t ($2,994/t), while Balco’s tags were at INR 268,750/t ($3,030/t). All prices are ex-works, excluding GST. At the time of reporting, aluminium futures on the LME stood at $2,642/t.


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