India: Hindalco, Balco cut aluminium ingot prices by INR 5,250/t ($59/t)
India's primary aluminium producers have cut ingot (P1020, 99.7%) prices by up to INR 5,250/t ($59/t) compared to 30 Oct'25. Post-revision, Hindalco's prices were at INR 285,500/t ($3,218/t), down by INR 5,250/t ($59/t), while Balco's were INR 287,500/t ($3,240/t), down INR 5,000/t ($56/t). All prices are ex-works, excluding GST. At the time of reporting, aluminium futures on the LME stood at $2,859/t.