Tag: Balco price reduction

India: Hindalco, Balco cut aluminium ingot prices by up to INR 2,000/t ($23/t)

Jan 23, 2025

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by

Manya Dewangan

in Aluminium, INGOT, Non Ferrous

Hindalco and Balco, India’s leading aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by up to INR 2,000/t ($23/t) today compared to 23 Jan’25. Post-revision, Balco’s prices stood at INR 267,750/t ($3,097/t), down INR 1,250/t ($14/t), and Hindalco’s at INR 268,250/t ($3,102/t), down INR 2,000/t ($23/t). All prices are ex-works, excluding GST. At the time…