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Alcoa (AA) Approaches New Downside Target of $15.22
13 JUN 20111MINS

Alcoa (AA) Approaches New Downside Target of $15.22

Aluminium prices are likely to remain in a range of $2,500 to $2,700 a tonne for at least the next two-three months, National Aluminium Company Limited (NALCO) said on Friday. "We believe that in the short term in next two to three months the prices should remain range-bound between $2,500 and...

Nalco must step up output to gain from price rise
09 JUN 20112MINS

Nalco must step up output to gain from price rise

Nalco has hardly gained from the rise in aluminium prices, as other input costs (chiefly coal and fuel) and employee expenses weighed down profitability during the March FY11 quarter. Although the company has major capacity expansion plans underway, its dependency on third parties for raw materials...

Nalco hikes aluminium prices by INR 6000 per tonne
03 JUN 20111MINS

Nalco hikes aluminium prices by INR 6000 per tonne

ET reported that NALCO, one of India's leading producers and exporters of alumina and aluminum has raised the basic prices of all grades of ingots, sows, ingots, billets, wire rods, cast strips and rolled products by INR 6,000 per tonne. The price rise will be from June 1st 2011. Aluminum is widely...

Nalco to set up Rs 274 Cr wind power project in AP
03 JUN 20111MINS

Nalco to set up Rs 274 Cr wind power project in AP

As part of its diversification plans, the aluminium major National Aluminium Company Limited (NALCO), has decided to start a 50.4 MW Wind Power Project at Gandikota in Kadapa district of Andhra Pradesh. The Navratna PSU has been endeavouring to foray into other metals and energy sectors. This...

Nalco to set up Rs 274 Cr wind power project in AP
03 JUN 20111MINS

Nalco to set up Rs 274 Cr wind power project in AP

As part of its diversification plans, the aluminium major National Aluminium Company Limited (NALCO), has decided to start a 50.4 MW Wind Power Project at Gandikota in Kadapa district of Andhra Pradesh. The Navratna PSU has been endeavouring to foray into other metals and energy sectors. This...

Nalco profit rises 31% on higher margins
31 MAY 20112MINS

Nalco profit rises 31% on higher margins

Riding on higher realisation from metal sales, the net profit of National Aluminum Company (Nalco) has gone up 31 per cent during 2010-11 to Rs 1,069.3 crore, up from Rs 814.22 crore in the previous year. In 2010-11, the average realisation from alumina sales was $350 per tonnes against $264 last...

Nalco profit rises 31% on higher margins
31 MAY 20112MINS

Nalco profit rises 31% on higher margins

Riding on higher realisation from metal sales, the net profit of National Aluminum Company (Nalco) has gone up 31 per cent during 2010-11 to Rs 1,069.3 crore, up from Rs 814.22 crore in the previous year. In 2010-11, the average realisation from alumina sales was $350 per tonnes against $264 last...

Nalco wants to foray into steel and ferroalloys
24 MAY 20111MINS

Nalco wants to foray into steel and ferroalloys

The National Aluminum Company, in its bid to foray into steel and ferro alloys making will soon submit detailed project reports for acquisition of stakes in Idcol Kalinga Iron Works and Idcol Ferro chrome Alloys the two Orissa based units owned by state owned IDCOL. Nalco has evinced interest to be...

    Aluminum prices may recover soon - NALCO Chief
17 MAY 20112MINS

Aluminum prices may recover soon - NALCO Chief

NALCO as saying that aluminum prices may recover soon from a low of USD 2,600 per tonne as the current declining trend in metal prices is not due to demand supply mismatch. Mr BL Bagra acting chairman of NALCO said that "The correction is an impact of stronger dollar. It has got nothing to do with...

NALCO cuts aluminum prices by INR 6500 per tonne - Source
11 MAY 20111MINS

NALCO cuts aluminum prices by INR 6500 per tonne - Source

Money Control reported that National Aluminum Company has cut aluminum prices by INR 6,500 per tonne a week after raising the domestic prices by INR 4,000 per tonne. The official said that both the moves were prompted by the changes in London Metal Exchange rates. With the latest move, the prices...

NALCO ups aluminium local prices by 4,000 rupees/T-source
03 MAY 20111MINS

NALCO ups aluminium local prices by 4,000 rupees/T-source

...Indian state-run National Aluminium Co Ltd (NALCO) has raised the domestic prices of its aluminium products by 4,000 rupees ($90) per tonne, except for rolled products, a senior company official said on Tuesday...

Nalco implementing INR 4400 crore Phase II expansion program
30 APR 20111MINS

Nalco implementing INR 4400 crore Phase II expansion program

... National Aluminum Company Limited is in the process of implementing a INR 4,402 crore Phase II expansion program which include raising its mining, ... various expanded capacities of its alumina refinery at Damanjodi including cogeneration power plant, evaporation plant, stacker and bauxite...

Nalco implementing INR 4400 crore Phase II expansion program
30 APR 20111MINS

Nalco implementing INR 4400 crore Phase II expansion program

... National Aluminum Company Limited is in the process of implementing a INR 4,402 crore Phase II expansion program which include raising its mining, ... various expanded capacities of its alumina refinery at Damanjodi including cogeneration power plant, evaporation plant, stacker and bauxite...

Commissioning of Nalco’s Alumina Refinery begins
30 APR 20111MINS

Commissioning of Nalco’s Alumina Refinery begins

... National Aluminium Company has crossed another milestone in implementation of its ambitious second phase expansion. The company has started commissioning various expanded capacities of its alumina refinery, at Damanjodi, including cogeneration power plant, evaporation plant, stacker and bauxite...

NALCO hikes aluminium prices by Rs.3,000 per tonne
28 APR 20111MINS

NALCO hikes aluminium prices by Rs.3,000 per tonne

... Bhubaneswar, April 25 (IANS) The state-run National Aluminium Company Ltd (NALCO) has hiked the price of its products by Rs.3,000 per tonne in the domestic market in view of the increasing international prices of aluminium, a senior company official said Monday. The prices of all aluminium...

Nalco begins commissioning of refinery expansion
26 APR 20111MINS

Nalco begins commissioning of refinery expansion

...National Aluminium Company (Nalco), a Navratna PSU of government of India, has crossed another milestone in implementation of its ambitious Rs 4,402 crore 2nd phase expansion...

Nalco to set up refinery plant in Vizag
26 APR 20111MINS

Nalco to set up refinery plant in Vizag

..National Aluminium Company Limited (Nalco), India's leading manufacturer and exporter of alumina and aluminium, is likely to set up its refinery near Makavarapalem in Visakhapatnam district...

India's NALCO to miss FY11 alumina production target-exec
26 APR 20111MINS

India's NALCO to miss FY11 alumina production target-exec

...National Aluminium Co Ltd (NALCO) finance director said, due to delays in refinery expansion, the production will fall about 100,000 tonnes short of its production target of 1.68 million tonnes of alumina in the fiscal year to March?..