Tag: aluminium price reduction
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India: NALCO cuts primary aluminium ingot prices by INR 2,700/t ($30/t)
NALCO reduced its primary aluminium ingot (P1020, 99.7%) prices by INR 2,700/t ($30/t) on 28 Feb’25. Post-revision, NALCO’s prices were at INR 272,100/t ($3,113/t), down from INR 274,800/t ($3,144/t) on 22 Feb. Prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,624/t.