NALCO raises aluminium prices
BHUBANESWAR (Reuters) - The state-run National Aluminium Co Ltd (NALCO) (NALU.NS) has raised aluminium prices by 4,500 rupees 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 143,700 rupees 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 2,500 rupees in November. (Reporting by Jatindra Dash; Writing by Siddesh Mayenkar; Editing by Daniel Magnowski)
- Tweet this
- Share this
- Digg this
- UPDATE 8-Dallas Ebola patient vomited outside apartment on way to hospital
- Boxer Sarita Devi faces action after refusing medal at Asian Games
- Appointment of Arvind Subramanian as chief economic adviser hits Modi hurdle
- Putin says Russia wants to move to national currencies in trade
- China tells foreign countries not to meddle in Hong Kong
BACK IN JAIL
Subrata Roy, the jailed chief of India's Sahara conglomerate, is back in a cell after living in a makeshift prison office for two months as he tried to negotiate the sale of his luxury hotels, a jail official said. Full Article
Appointment of Arvind Subramanian as chief economic adviser hits Modi hurdle. Full Article
Diageo bars United Breweries from appointing independent director at United Spirits. Full Article