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.
This news is also available on our App 'AlCircle News' Android | iOS
A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems
Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines
Leading manufacturer of value-added equipment for the aluminum casthouse
Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals.
Your reliable partner in aluminum casthouse equipment and products
.jpg/0/0)
Business Leads
