Intel Details

India: Hindalco lowers aluminium ingot prices by INR 2,000/t

Aluminium
8 Jun 2022, 11:54 IST
Steel Mint Intel

  • Hindalco reduced primary aluminium ingot (P1020, 99.7%) prices by INR 2,000/t ($26/t) today as against 7 Jun'22. Hindalco's effective price stands at INR 244,500/t ($3,147/t).
  • The closing price for the three-month aluminium futures on LME stood at $2,778/t on 7 Jun, down $4/t d-o-d, while cash prices fell $27/t d-o-d to $2,715/t yesterday.
  • Hindalco's aluminium is accepted for delivery under the High-Grade Aluminium Contract on the LME.

8 Jun 2022, 11:54 IST
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