India: Hindalco, Balco cuts aluminium ingot prices by INR 1,750/t ($19/t)

India’s primary aluminium producers reduced ingot (P1020, 99.7%) prices by INR 1,750/t ($19/t) compared to 26 Sep’25. Post-revision, Hindalco’s prices were at INR 267,250/t ($3,014/t), while Balco’s were at INR 270,250/t ($3,047/t). All prices are ex-works, excluding GST. At the time of reporting, aluminium futures on the LME stood at $2,655/t, showing a minor dip from the previous day.