India: NALCO cuts aluminium ingot prices by INR 2,500/t ($27/t)

NALCO reduced its primary aluminium ingot (P1020, 99.7%) prices by INR 2,500/t ($27/t) on 1 May 2026, with prices now assessed at INR 390,000/t ($4,089/t), down from INR 392,500/t ($4,115/t) on 24 April. Prices are ex-works and exclude GST. As of 12:30 IST, benchmark LME three-month aluminium futures were at $3,522/t, up 1.38% d-o-d.