India: Nalco reduces aluminium ingots prices by INR 15,700/t ($206/t)

  • Nalco has lowered primary aluminium ingots (P1020, 99.7%) prices by INR 15,700/t ($206/t) today as against 1 Apr’22. The effective price stands at INR 280,800/t ($3,688/t).
  • The three-month LME aluminum contract price was recorded at $3,248/t yesterday, down $126/t as against $3,374/t the previous trading day.
  • NALCO has a production capacity of around 400,000 t per annum and accounts for 11% of India’s market share.

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