Tag: Ex-works prices

India: Hindalco, Balco cut aluminium ingot prices by INR 3,750/t ($43/t)

Jan 29, 2025

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by

Manya Dewangan

in Aluminium, Non Ferrous

Hindalco and Balco, India’s primary aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by INR 3,750/t ($43/t) today compared to 17 Dec’24. Post-revision, prices stood at INR 264,500/t ($3,055/t) for Hindalco and INR 266,000/t ($3,072/t) for Balco. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME were…