India: Hindalco, Balco cut aluminium ingot prices by up to INR 4,750/t ($55/t)

India’s primary producers reduced aluminium ingot (P1020, 99.7%) prices by up to INR 4,750/t ($55/t) compared to 24 Jun’25. Post-revision, Hindalco’s prices were at 264,000/t ($3,075/t), down by INR 4,750/t ($55/t), and Balco’s at INR 265,000/t ($3,087/t), down by INR 4,250/t ($50/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,570/t.