India: Hindalco, Balco raise aluminium ingot prices by up to INR 2,000/t ($23/t)

India’s primary producers increased aluminium ingot (P1020, 99.7%) prices by up to INR 2,000/t ($23/t) compared to 5 Aug’25. Post-revision, Hindalco’s prices were at 265,750/t ($3,030/t), up by INR 2,000/t ($23/t), and Balco’s at INR 268,250/t ($3,058/t), up INR 1,750/t ($20/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,629/t.


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