Tag: hindalco prices

India: Hindalco, Balco hike aluminium ingot prices by up to INR 9,250/t ($121/t)

Mar 25, 2022

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by

Drishya Yadav

in Non Ferrous

Hindalco and Balco have increased primary aluminium ingots (P1020, 99.7%) prices by up to INR 9,250/t ($121/t) d-o-d today. Hindalco’s and Balco’s effective prices are at INR 318,500/t ($4,179/t) and INR 321,250/t ($4,215/t) respectively. Balco has a production capacity of around 0.6 mnt per annum, 15% of India’s market share, while Hindalco’s production capacity is…