Hindalco and Balco, India’s primary aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by up to INR 3,250/t ($38/t) today compared to 30 Apr’25. Post-revision, prices stood at INR 245,500/t ($2,904/t) for Hindalco down INR 3,250 ($38/t) and at INR 242,500/t ($2,868/t) for Balco. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME were at $2,438/t.
India: Hindalco, Balco cut aluminium ingot prices by up to INR 3,250/t ($38/t)
aluminium ex-works price India aluminium ingot P1020 prices aluminium price comparison Hindalco Balco aluminium price drop India aluminium price trend May 2025 Balco aluminium price revision Hindalco aluminium ingot price cut India aluminium market update LME aluminium futures primary aluminium producers India
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