Tag: Hindalco Balco price update

India: Hindalco, Balco raise aluminium ingot prices by INR 2,250/t ($27/t)

Nov 6, 2024

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by

Manya Dewangan

in Aluminium, Non Ferrous

India’s primary producers raised aluminium ingot (P1020, 99.7%) prices by INR 2,250/t ($27/t) today, compared to 5 Nov’24. Post-revision, Hindalco’s prices were at INR 257,750/t ($3,060/t) and Balco’s at INR 259,750/t ($3,083/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,660/t.