NALCO hikes aluminium prices by Rs 3,500 per tonne

National Aluminium Company Ltd. | Aluminium & Aluminium Products | Metals & Mining | BSE: 532234 | NSE: NATIONALUM

10 May 2013 Evaluate

National Aluminum Compnany (NALCO), Country’s third-largest producer of aluminium, has hiked aluminium prices by Rs 3,500 per tonne in the domestic market following a slight recovery in global prices. Post this hike, the basic price of standard aluminium ingots rose to 130,200 rupees per tonne.

The company for over past three months has been slashing prices, during which aluminium prices dropped about 8%. It slashed domestic prices of aluminium ingots by 3% due to fall in global prices in the start of this month. NALCO revises prices of its products from time to time to mirror global prices.

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Company Name	CMP
National Aluminium	355.65
Maan Aluminium	108.05
Arfin India	84.13
Palco Metals	157.95
Hind Aluminium Inds.	96.00
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