- Hindustan Aluminium Corporation Limited (Hindalco) has decreased primary aluminium ingots (P1020, 99.7%) prices by INR 5,250/t ($69/t) today as against 12 Mar’22. The effective price stands at INR 297,750/t ($3,893/t).
- The closing price for the three-month aluminium futures on LME stood at $3,319/t on 14 Mar as against $3,483/t the day before.
- The company has a production capacity of around 1.2 mnt per annum and accounts for 34% market share.
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