Tag: balco aluminium price
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India: Balco, Hindalco cut aluminium ingot prices by up to INR 4,000/t
Balco and Hindalco have cut aluminium ingot (P1020 grade 99.7%) prices by up to INR 4,000/t ($49/t) d-o-d on 22 Sep. After revision, Balco’s effective prices stand at INR 206,500/t ($2,552/t) while Hindalco’s prices are at INR 201,750/t ($2,494/t). The decrease in spot prices and futures by up to $54/t d-o-d was the reason behind…