NALCO raises its aluminium ingot prices for the third time in a row

The National Aluminium Co. Ltd. raises the price of its aluminium ingots third time in a row.

The Government of India owned aluminium producer has hiked the prices of its ingots by 2% approximately, and the cost now stands at INR 152,850 – 156,350 per tonne.

As considered most of the aluminium producer’s link prices of their products to the three-month futures of aluminium on London Metal Exchange, this was up by nearly 6% in December quarter. At the same period, NALCO has raised the prices of its products by over 3%.

Alumina and aluminium products account for nearly two-thirds of NALCO’s gross top line; chemical sales take care of the rest of its revenue. The company produces aluminium wire rods, aluminium billets, chequered sheets and rolled coil.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.gjtscc.com). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.gjtscc.com)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.