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India: Hindalco, Balco cut aluminium ingot prices by up to INR 2,500/t ($29/t)

Dec 17, 2024

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by

Manya Dewangan

in Aluminium, INGOT, Non Ferrous

Hindalco and Balco, India’s leading aluminium producers, reduced aluminium ingot (P1020, 99.7%) prices by up to INR 2,500/t ($29/t) today compared to 14 Dec’24. Post-revision, Balco’s prices stood at INR 256,250/t ($3,017/t), down INR 2,500/t ($29/t), and Hindalco’s at INR 254,250/t ($2,993/t), down INR 2,250/t ($26/t). All prices are ex-works, excluding GST. At the time…