Tag: balco aluminium prices
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India: Balco lowers aluminium ingots prices by INR 5,500/t ($72/t)
Balco decreased primary aluminium ingots (P1020, 99.7%) prices by INR 5,500/t ($72/t) today. The effective price stands at INR 286,250/t ($3,755/t) exw. The three-month LME aluminium contract price was recorded at $3,269/t yesterday, up $8/t against $3,261/t the previous trading day. The company has two bauxite mines at Mainpat and Kawardha in Chhattisgarh, with capacity…