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

Hindalco and Balco have increased primary aluminium ingots (P1020, 99.7%) prices by INR 3,500/t ($43/t) today as against prices on 19 Jan’23.

Post-revision, Balco’s prices stand at INR 244,500/t ($3,003/t) while Hindalco’s prices are at INR 235,000/t($3,107). Prices are exw, excluding GST.