Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
17 AUGUST 2020 AL CIRCLE

Hindalco’s aluminium wire rods price decline to stand at INR 159,850/t with effect from August 15

EDITED BY : HEENA IQBAL 1MINS READ

Hindalco Industries Ltd has dropped its aluminium products price after hiking the price of the same product by 1% on August 12. With effect from Saturday August 15, the company’s wire rods price stands at INR 159,850 per tonne, marking a decline of 1.08% or INR 1,750 per tonne from INR 161,600 per tonne.

aluminium

{alcircleadd}

The company is now selling its billets at INR 155,850 per tonne, down INR 1,750 per tonne from INR 157,600 per tonne with effect from Wednesday August 12.

Aluminium ingots price has reduced to stand at INR 148,750 per tonne, a drop of INR 1,750 per tonne from INR 150,500 per tonne on August 12.

The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The three-month futures of aluminium declined by 3% so far in 2020 due to slower global demand following the coronavirus outbreak but have come off their recent lows.

aluminium

Aluminium operations of the company, excluding those of its US arm Novelis Inc, generally account for nearly half of its total sales and 70% of its operating profit.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : HEENA IQBAL 1MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.