Home >Companies >News >Nalco raises aluminium prices by `3,500 per tonne
Nalco revises prices of its products from time to time to mirror global prices. Photo: AFP (AFP)
Nalco revises prices of its products from time to time to mirror global prices. Photo: AFP
(AFP)

Nalco raises aluminium prices by `3,500 per tonne

The basic price of standard aluminium ingots rose to `1.3 lakh per tonne, effective Thursday

Bhubaneswar: National Aluminium Co Ltd (Nalco), India’s third-largest producer of aluminium, has raised aluminium prices by 3,500 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 1.3 lakh 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%. It had cut domestic prices of aluminium ingots by 3% in the first week of this month.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Close
×
My Reads Redeem a Gift Card Logout