Tag: aluminium price drop India

India: Balco cuts aluminium ingot prices by INR 2,000/t ($23/t)

Jul 9, 2025

—

by

Aditi Sen

in Aluminium, Non Ferrous

Balco, a primary aluminium producer, decreased aluminium ingot (P1020, 99.7%) prices by INR 2,000/t ($23/t) today compared to 5 Jul’25. Post-revision, prices stood at INR 262,000/t ($3,056/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME were at $2,583/t.