
National Aluminium Company Limited (NALCO) has slightly elevated its aluminium ingot and aluminium products prices by INR 1,400 per tonne, with effect from Saturday, December 24, following two back-to-back cuts on December 15 and 21. The raise on December 24 has brought NALCO’s aluminium ingot price to INR 224,250-227,750 per tonne versus INR 222,850- 226350 per tonne on December 21.

NALCO’s aluminium wire rod price is currently hovering around 228,750-233100 per tonne, with effect from December 24, seeing a rise from INR 227,350- 231,700 per tonne on December 21. Aluminium billets price has come in at INR 228,700-231,350 per tonne, compared to INR 227,300-229,950 per tonne a couple of days ago.
NALCO has increased its aluminium ingot and aluminium products prices in response to the overall growth in the LME aluminium benchmark price by US$32.50 per tonne or 1.40 per cent from US$2,329.50 per tonne to US$2,362 per tonne during December 20-22.
NALCO’s aluminium products and alumina account for nearly two-thirds of the company’s gross topline, while the sales of chemicals contribute to the rest. NALCO manufactures wire rods, billets, coils, and chequered sheets.
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