Aluminium ingot is the primary form of refined aluminium, produced by electrolytic smelting of alumina derived from bauxite ore. India is the world's second-largest aluminium producer with an installed smelting capacity exceeding 4 million TPA, making it a key player in the global aluminium market.
The domestic aluminium ingot market is dominated by three major producers: Hindalco Industries (Aditya Birla Group) with smelters at Renukoot (UP), Mahan (MP), and Aditya (Odisha); Vedanta Limited operating through Bharat Aluminium Company (Balco, Korba) and Jharsuguda (Odisha); and National Aluminium Company (Nalco, Angul, Odisha), the only PSU smelter.
Aluminium ingot prices in India track the London Metal Exchange (LME) aluminium contract, the global benchmark for primary aluminium pricing. OfBusiness provides foundries, die-casters, extrusion units, and fabricators with transparent LME-linked pricing, mill-direct sourcing, and reliable delivery across India.
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