Alcoa (AA) Approaches New Downside Target of $15.22
Edited by : AL CIRCLE
1 min read
Aluminium prices are likely to remain in a range of $2,500 to $2,700 a tonne for at least the next two-three months, National Aluminium Company Limited (NALCO) said on Friday.
"We believe that in the short term in next two to three months the prices should remain range-bound between $2,500 and $2,700," BL Bagra, NALCO chairman-cum-managing director, said.
NALCO is county's third largest aluminium producer. Although it is a small player in the global metal market, its sales prices serve as an international benchmark.