Hindalco and Balco, India’s leading aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by up to INR 2,500/t ($29/t) today compared to 14 Dec’24. Post-revision, Balco’s prices stood at INR 256,250/t ($3,017/t), down INR 2,500/t ($29/t), and Hindalco’s at INR 254,250/t ($2,993/t), down INR 2,250/t ($26/t). All prices are ex-works, excluding GST. At the time of reporting, aluminium futures on the LME were at $2,540/t.
India: Hindalco, Balco cut aluminium ingot prices by up to INR 2,500/t ($29/t)
500/t ($29/t) Aluminium futures aluminium industry news aluminium ingot prices Aluminium Market Trends aluminium market update aluminium price drop aluminium pricing aluminium producers BALCO Balco cut aluminium ingot prices by up to INR 2 balco prices commodity prices Ex-works prices GST exclusion Hindalco hindalco prices India aluminium prices India: Hindalco LME metal futures. Metal Prices P1020 Price reduction Price revision
Leave a Reply