Tag: GST exclusion on aluminium

NALCO, one of India’s leading mining and metals companies, raised prices of its primary aluminium ingots (P1020, 99.7%) by INR 5,300/t ($60/t) on 7 Mar’25. Post-revision, prices were at INR 277,400/t ($3,186/t) compared to INR 272,100/t ($3,125/t) on 28 Feb. Prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the…