Tag: aluminium GST excluded rates

India: Balco raises aluminium ingot prices; Hindalco slashes tags

Jul 2, 2025

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by

Aditi Sen

in Aluminium, Non Ferrous

Balco raised aluminium ingot (P1020, 99.7%) prices by INR 3,250/t ($38/t) compared to 26 Jun’25, while Hindalco reduced its prices by INR 2,500/t ($29/t) compared to 28 Jun’25. Following the adjustments, Hindalco’s ex-works price stood at INR 260,750/t ($3,043/t) and Balco’s at INR 266,250/t ($3,107/t), excluding GST. At the time of reporting, LME aluminium futures…