India: Hindalco, Balco reduce ingots prices by INR 1,750/t

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Hindalco and Balco reduced primary aluminium ingots (P1020, 99.7%) prices by 1,750/t ($21/t) today. Post-revision, Balco’s prices are at INR 229,500/t ($2,773/t) and Hindalco’s at INR 226,250/t ($2,733/t). Prices are exw excluding GST.
Balco’s ADC12 and sow ingots (CG 99.5%) prices are at INR 233,200/t and INR 229,000/t and EC rods (12.5mm) are at INR 236,000/t, Hindalco’s sow ingots (CG 99.5%) prices are at INR 225,750/t.

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