India: NALCO cuts aluminium ingot prices by INR 3,900/t ($40/t)
NALCO reduced its primary aluminium ingot (P1020, 99.7%) prices by INR 3,900/t ($40/t) on 20 May 2026. Following the revision, prices were assessed at INR 404,900/t ($4,179/t), down from INR 408,800/t ($4,220/t) on 14 May 2026. Prices are on an ex-works basis and exclude GST. As of 12:30 IST, benchmark LME three-month aluminium futures were at $3603/t, up 0.94% d-o-d.