This Article is From Dec 02, 2012

Nalco raises aluminium prices

The state-run National Aluminium Co Ltd (NALCO) has raised aluminium prices by Rs 4,500 per tonne for all products in the domestic market, effective December 1, company sources said on Sunday.

The basic price of standard aluminium ingots after the latest increase is Rs 143,700 per tonne, said sources who declined to be identified, in line with company policy.

NALCO, which is India's third-largest producer of aluminium, revises product prices from time to time to mirror London Metal Exchange prices. It last raised aluminium prices across all products by Rs 2,500 in November.

Copyright @ Thomson Reuters 2012