India: Hindalco, Balco hike aluminium ingot prices by INR 3,500/t ($39/t)
India's primary aluminium producers increased ingot (P1020, 99.7%) prices by INR 3,500/t ($39/t) compared to 9 Oct'25. Post-revision, Hindalco's prices are at INR 282,250/t ($3,183/t), while Balco's are at INR 284,250/t ($3,205/t). All prices are ex-works, excluding GST. At the time of reporting, aluminium futures on the LME stood at $2,789/t, showing a 1% decline d-o-d.