Vedanta expands its aluminium prices by 1% at the end of the week, aligned with LME price move

With effect from June 14, Vedanta has expanded its aluminium ingot price by INR 2,250 per tonne or 1 per cent to stand at INR 245,500-265,500 per tonne versus INR 243,250-263,250 per tonne on June 12. The price movement is aligned with the LME price growth of 1 per cent on June 13 from US$2,476 per tonne to US$2,498 per tonne.

With the latest change, Vedanta’s aluminium wire rod and billet prices have come in at INR 255,000-264,000 per tonne and INR 256,000 per tonne, respectively, also up by INR 2,250 per tonne from the previous day’s prices of INR 252,750-261,750 per tonne and INR 254,500 per tonne.