India: Balco reduces aluminium P1020 ingot prices by INR 1,500/t ($18/t)
Balco, one of India's leading aluminium producers, cut prices of its primary aluminium P1020 (99.7%) ingots by INR 1,500/t ($18/t), effective 14 Nov'24. Balco's new prices are at INR 252,250/t ($2,986/t), down from INR 253,750/t ($3,003/t) on 13 Nov. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,492/t.