India: Hindalco, Balco raise aluminium ingot prices by up to INR 8,250/t ($95/t)

India's primary producers increased aluminium ingot (P1020, 99.7%) prices by up to INR 8,250/t ($95/t) compared to 11 Jan'25. Post-revision, Hindalco's prices were at INR 264,250/t ($3,051/t), up by INR 8,250/t ($95/t), and Balco's were at INR 263,250/t ($3,039/t), up by INR 2,250/t ($26/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,585/t.