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Wednesday, 14 September 2011

NALCO Aluminium Price raised by Rs.2000.00 per ton.


Last week, Indian company NALCO has raised prices of aluminium by
 Rs.2000.00 per ton (USD 43.6 per ton) for all their products, 
as per Chairman and Managing Director Mr. BL Bagra.

This price revision was effected in line with the increase in LME
 aluminium prices, he said.

“Last two days the metal price is recovering. We feel that next two
 to three months it will range between  2,300-2,500 US$ per ton".

After the latest revision, the basic price of standard aluminium ingots 
has been increased to 139,700 INR per ton.

At the start of August, NALCO had last raised aluminium 
prices by Rs.5000.00
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