India: Hindalco, Balco raise aluminium ingot prices by up to INR 3,500/t ($41/t)

India's primary producers increased aluminium ingot (P1020, 99.7%) prices by up to INR 3,250/t ($38/t) compared to 24 Apr'25. Post-revision, Hindalco's prices are at INR 248,750/t ($2,933/t), up by INR 3,500/t ($41/t), and Balco's at INR 248,750/t ($2,933/t), up by INR 3,000/t ($35/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,454/t.