05 APRIL 2013Zeenews.india.com
NALCO cuts domestic aluminium price
Edited by : AL CIRCLE
1 min read
State-owned National Aluminium Company Ltd has decreased its domestic aluminium price by INR 3000 as the international price of the metal has come down, a company official said Wednesday.
This is the third time since the start of last month that the Bhubaneswar-headquartered NALCO has revised the price across all products because of the fluctuation of the aluminium price at the London Metal Exchange, the official said.
The company which is India's third largest aluminium producer last cut price by INR 6,500 and INR 2,000 on March 1 and March 22, respectively, across all products.
NALCO produced 4.03 lakh tonnes of aluminium in 2012-13 fiscal. It has set a target to produce 4.05 lakh tonnes of aluminium in 2013-14.
This is the third time since the start of last month that the Bhubaneswar-headquartered NALCO has revised the price across all products because of the fluctuation of the aluminium price at the London Metal Exchange, the official said.
The company which is India's third largest aluminium producer last cut price by INR 6,500 and INR 2,000 on March 1 and March 22, respectively, across all products.
NALCO produced 4.03 lakh tonnes of aluminium in 2012-13 fiscal. It has set a target to produce 4.05 lakh tonnes of aluminium in 2013-14.
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