India: Hindalco, Balco cut aluminium ingots prices by INR 1,500/t ($18/t)

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Hindalco and Balco have decreased primary aluminium ingots (P1020, 99.7%) prices by INR 1,500/t ($18/t) today.
Post-revision, Balco’s prices are at INR 245,000/t ($2,997/t) and Hindalco’s at INR 241,500/t ($2,955/t). Prices are exw, excluding GST.
Balco’s ADC12 and sow ingots (CG 99.5%) prices fell by INR 1,500/t to INR 248,700/t and INR 244,500/t respectively.
Hindalco’s sow ingots (CG 99.5%) prices are at INR 241,000/t, down INR 1,500/t.

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