13 MAY 2013The Economic Times
NALCO raises aluminium prices to $2372.90/ton
Edited by : AL CIRCLE
1 min read
Country's third-largest producer of aluminium, National Aluminium Co Ltd, has raised aluminium prices by $63.79 per tonne in the domestic market following a slight recovery in global prices, two company sources said on Friday.
The basic price of standard aluminium ingots rose to $2372.90 per tonne, effective Thursday, said the officials, who declined to identified.
NALCO revises prices of its products from time to time to mirror global prices.
It had been cutting prices over the past three months, during which aluminium prices dropped about 8 percent. It had cut domestic prices of aluminium ingots by 3 percent in the first week of this month.
The basic price of standard aluminium ingots rose to $2372.90 per tonne, effective Thursday, said the officials, who declined to identified.
NALCO revises prices of its products from time to time to mirror global prices.
It had been cutting prices over the past three months, during which aluminium prices dropped about 8 percent. It had cut domestic prices of aluminium ingots by 3 percent in the first week of this month.
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