Reuters
India's NALCO sells aluminium at $152/T premium
Edited by : AL CIRCLE
1 min read
Indian state-run National Aluminium Co Ltd has sold 12,000 tonnes of aluminium ingots at $152 per tonne premium over the average LME cash price on a CIF basis to a South Korean buyer, Commercial Director Ansuman Das said on Friday.
NALCO, whose tenders serve as a global benchmark, last sold 6,000 tonnes of aluminium at about $120 a tonne premium over the average LME cash price on cost, insurance and freight basis to a Switzerland based company in March.
NALCO, whose tenders serve as a global benchmark, last sold 6,000 tonnes of aluminium at about $120 a tonne premium over the average LME cash price on cost, insurance and freight basis to a Switzerland based company in March.
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