Tag: BALCO

India: Balco lowers aluminium ingots prices by INR 10,500/t ($137/t)

May 4, 2022

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by

Drishya Yadav

in Non Ferrous

Balco decreased primary aluminium ingots (P1020, 99.7%) prices by INR 10,500/t ($137/t) today. The effective price stands at INR 259,000/t ($3,392/t) exw. The three-month LME aluminium contract price was recorded at $2,911/t yesterday, down $141/t as against $3,052/t the previous trading day. The company has two bauxite mines at Mainpat and Kawardha in Chhattisgarh, with…