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India Nalco Cuts Aluminum Prices By INR7,000/Ton - Executive

iconMay 14, 2010 00:00

MUMBAI, May 14 -- State-run National Aluminium Co. (532234.BY) has cut product prices by INR7,000 a metric ton, or about 7%, in line with international trends, a company executive said Thursday.

The price cut is effective May 11, said the executive, who didn't wish to be named.

This is the second time this month that India's third-largest aluminum producer by capacity has reduced prices.

 

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