India: Nalco hikes aluminium ingots prices by INR 2,100/t ($27/t)

  • Nalco increased primary aluminium ingots (P1020, 99.7%) prices by INR 2,100/t ($27/t) today against 12 April 2022. The effective price stands at INR 282,900/t ($3,711/t).
  • The three-month LME aluminum contract price was recorded at $3,269/t yesterday, up $8/t against $3,261/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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