India: Hindalco, Balco raise aluminium ingot prices by up to INR 6,500/t ($76/t)

India's primary producers increased aluminium ingot (P1020, 99.7%) prices by up to INR 6,500/t ($76/t) compared to 9 May'25. Post-revision, Hindalco's prices were at INR 246,750/t ($2,888/t), up by INR 6,500/t ($76/t), while Balco's stood at INR 247,750/t ($2,900/t), up by INR 4,750/t ($55/t). All prices are ex-works and exclude GST. At the time of reporting, aluminium futures on the LME stood at $2,418/t.