Tag: aluminium cost reduction

Hindalco and Balco, India’s leading aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by up to INR 2,000/t ($23/t) today compared to 27 Nov’24. Post-revision, Balco’s prices stood at INR 257,000/t ($3,038/t), down INR 2,000/t ($23/t), and Hindalco’s at INR 255,250/t ($3,017/t), down INR 1,750/t ($20/t). All prices are ex-works, excluding GST. At the time…