NALCO Lowers India Aluminium Price - Source-Shanghai Metals Market

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NALCO Lowers India Aluminium Price - Source

Industry News 09:15:00AM May 05, 2010 Source:SMM

BHUBANESWAR, India, May 5 -- State-run National Aluminium Co Ltd (NALU.BO: Quote) has reduced prices of its aluminium products for the domestic market by 3,000 rupees ($67.3) per tonne to bring them in line with LME, a company source said on Tuesday.

The basic price of standard aluminium ingots and standard aluminium sow ingots would now be 114,700 rupees per tonne, inclusive of flat discount, said the official who could not be named due to company policy.

NALCO is India's third-biggest aluminium maker and produced 431,000 tonnes of aluminium in the financial year ended in March. ($1=44.6 rupees)

 

Key Words:  Aluminum Al  Aluminum price  NALCO 

NALCO Lowers India Aluminium Price - Source

Industry News 09:15:00AM May 05, 2010 Source:SMM

BHUBANESWAR, India, May 5 -- State-run National Aluminium Co Ltd (NALU.BO: Quote) has reduced prices of its aluminium products for the domestic market by 3,000 rupees ($67.3) per tonne to bring them in line with LME, a company source said on Tuesday.

The basic price of standard aluminium ingots and standard aluminium sow ingots would now be 114,700 rupees per tonne, inclusive of flat discount, said the official who could not be named due to company policy.

NALCO is India's third-biggest aluminium maker and produced 431,000 tonnes of aluminium in the financial year ended in March. ($1=44.6 rupees)

 

Key Words:  Aluminum Al  Aluminum price  NALCO