Tag: India aluminium ingot price increase

India: Hindalco, Balco raise aluminium ingot prices by INR 10,250/t ($122/t)

Sep 17, 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 10,250/t ($122/t) today, compared to 13 Sep’24. Hindalco’s prices were at INR 248,000/t ($2,959/t) and Balco’s at INR 250,000/t ($2,983/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,536/t.