India: Hindalco, Balco hike aluminium ingots prices by up to INR 7,250/t ($88/t)

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Hindalco and Balco have increased primary aluminium ingots (P1020, 99.7%) prices by up to INR 7,250/t ($88/t) today.
Post-revision, Balco’s prices are at INR 248,500/t ($3,033/t) and Hindalco’s at INR 245,250/t ($2,993/t). Prices are exw, excluding GST.
Balco’s ADC12 and sow ingots (CG 99.5%) prices increased INR 7,000/t to INR 252,200/t and INR 248,000/t, respectively.
Hindalco’s sow ingots (CG 99.5%) prices are at INR 244,750/t, up INR 7,250/t.

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