India: Hindalco reduces aluminium P1020 ingot prices by INR 2,250/t ($27/t)
Hindalco, one of India's leading aluminium producers, reduced prices of its primary aluminium P1020 (99.7%) ingots by INR 2,250/t ($27/t), effective 15 Nov'24. Hindalco's new prices stood at INR 249,500/t ($2,955/t), down from INR 251,750/t ($2,982/t) on 13 Nov. All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,577/t.