India: Primary producer decreases aluminium ingot prices by upto INR 2,000/t ($24/t)

India’s primary aluminium producers has decreased ingot (P1020, 99.7%) prices by up to INR 2,000/t ($24/t). Post-revision, Balco’s prices stood at INR 216,500/t ($2,614/t). Meanwhile, Hindalco’s prices were at INR 215,000/t ($2,595/t). All prices are ex-works and exclude GST.