Tag: market revision

India: Hindalco, Balco cut aluminium ingot prices by INR 4,000/t ($47/t)

Oct 16, 2024

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by

Manya Dewangan

in Aluminium, Non Ferrous

Hindalco and Balco, India’s primary producers, reduced aluminium ingot (P1020, 99.7%) prices by INR 4,000/t ($47/t) today, compared to 15 Oct’24. Post-revision, prices stood at INR 250,000/t ($2,974/t) for Hindalco and INR 252,000/t ($2,998/t) for Balco. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME were at…