India: Nalco hikes aluminium ingots prices by INR 10,000/t ($123/t)

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Nalco has increased primary aluminium ingots (P1020, 99.7%) prices by INR 10,000/t ($123/t) today. Effective prices stand at INR 239,600/t ($2,945/t).
On the contrary, Balco and Hindalco have reduced prices by INR 2,500/t ($31/) d-o-d today. Balco’s price stands at INR 244,000/t ($3,000/t) and Hindalco’s at INR 240,500/t ($2,957/t).
The LME aluminium three month futures stood at $2,634/t at the publishing time.

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