NALCO cuts aluminum prices by INR 6500 per tonne - Source
The official said that both the moves were prompted by the changes in London Metal Exchange rates. With the latest move, the prices of standard aluminum ingots stand trimmed at INR 145,700 per tonne.
NALCO had last week raised the basic price of standard aluminum ingots and standard aluminum sow ingots to INR 152,200 per tonne.
China to cut copper and aluminum capacity in 2011
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