Tag: India’s primary producers

India: Hindalco, Balco raise aluminium ingot prices by up to INR 6,500/t ($77/t)

Aug 20, 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 INR 6,500/t ($77/t) today in comparison with 15 Aug’24. Balco’s prices were at INR 237,750/t ($2,835/t) and Hindalco’s prices were at INR 235,750/t ($2,811/t). All prices were ex-works and exclude GST. At the time of reporting, aluminium futures on LME stood at $2,432/t.