nalco aluminium price list
Bhubaneswar: National Aluminium Co Ltd (Nalco), Indiaâs third-largest producer of aluminium, has raised aluminium prices by Rs.3,500 per tonne in the domestic market following a slight recovery in global prices, two company sources said on Friday.
The state-run National Aluminium Co (Nalco) has hiked selling prices of basic aluminium products by an average Rs 6,000 per tonne  the highest increase in one and a half years  effective from today, a company source said.
On the LME, aluminium prices have moved up to a 10-year high on the back of continual rise in demand from consumer industries, combined with production-cuts by large companies. Today, aluminium prices have, on a three-month basis, shot up to $2,168 per tonne and the momentum continues. Despite frequent hikes in selling prices by Nalco (a Rs 3,000 per tonne hike last month), prices of imported aluminium are about Rs 10,000 per tonne higher than that of the domestic variety. Thus, local prices are competitive, Nalco sources pleaded.