India: Hindalco, Balco raise aluminium ingot prices by up to INR 4,500/t ($51/t)

India’s primary producers increased aluminium ingot (P1020, 99.7%) prices by up to INR 4,500/t ($51/t) compared to 4 Sep’25. Post-revision, Hindalco’s prices were at 267,250/t ($3,026/t), up by INR 4,250/t ($48/t), and Balco’s at INR 270,250/t ($3,060/t), up by INR 4,500/t ($51/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,685/t.