India: Hindalco, Balco cut aluminium prices by INR 3,500/t ($43/t)

  • Hindalco and Balco have reduced primary aluminium ingots (P1020, 99.7%) prices by INR 3,500/t ($43/t) today.
  • Post-revision, Balco’s prices are at INR 241,500/t ($2,950/t) and Hindalco’s at INR 238,000/t ($2,908/t). Prices are exw, excluding GST.
  • Balco’s ADC12 and sow ingots (CG 99.5%) prices fell by INR 3,500/t to INR 245,200/t and INR 241,000/t, respectively.
  • Hindalco’s sow ingots (CG 99.5%) prices are at INR 237,500/t, down by INR 3,500/t.

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