India: Hindalco, Balco cut aluminium ingot prices by up to INR 2,250/t ($26/t)

India’s primary producers reduced aluminium ingot (P1020, 99.7%) prices by up to INR 2,250/t ($26/t) compared to 25 Jun’25. Post-revision, Hindalco’s prices were at 261,750/t ($3,054/t), down by INR 2,250/t ($26/t), and Balco’s at INR 263,000/t ($3,068/t), down by INR 2,000/t ($23/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,563/t.


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