Tag: GSTexcluded

India: Balco, Hindalco hike aluminium ingot prices by up to INR 3,500/t ($42/t)

Jun 29, 2024

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by

Adarsh Ramteke

in Aluminium, Non Ferrous

India’s primary producers have increased aluminium ingot (P1020, 99.7%) prices by up to INR 3,500/t ($42/t) today. Balco’s prices are at INR 246,000/t ($2,951/t) and Hindalco’s at INR 245,000/t ($2,939/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,517/t.