NALCO raises aluminium prices

BHUBANESWAR, India Sat Dec 15, 2012 12:38pm IST

Related Topics

Stocks

   

BHUBANESWAR, India (Reuters) - State-run National Aluminium Co Ltd (NALCO) has raised aluminium prices by 2,000 rupees per tonne for all products in the domestic market, effective December 14, company sources said on Saturday.

The basic price of standard aluminium ingots after the latest revision increased to 145,700 rupees per tonne, said sources who declined to be identified, in line with company policy.

NALCO, 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 4,500 rupees per tonne on December 1.

(Reporting by Jatindra Dash; Editing by Robert Birsel)

FILED UNDER:

REUTERS SHOWCASE

2015: India Outlook

2015: India Outlook

India in 2014: A dream run for markets  Full Article 

Funding Woes

Funding Woes

Co-founder of SpiceJet seeks time to finalise rescue  Full Article 

Regulating Airfares

Regulating Airfares

India considers temporary cap on airfares - government official  Full Article 

Flying Back on Course

Flying Back on Course

The inside story of the new Airbus A350 jet  Full Article 

Oil Price Forecast

Oil Price Forecast

Oil prices likely to rebound in second half of 2015: poll  Full Article 

Cyber Attacks

Cyber Attacks

China condemns cyberattacks, but says no proof N.Korea hacked Sony  Full Article 

Connecting Markets

Connecting Markets

China stock connect scheme scorecard throws up surprises  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage