India: Nalco reduces aluminium ingot prices by INR 10,300/t

  • Nalco has reduced primary aluminium ingot (P1020, 99.7%) prices by INR 10,300/t ($132/t) today compared to 8 Jun. The effective price stands at INR 233,900/t ($2,996/t).
  • The LME aluminium price was at $2,580/t in the last trading session, down $185/t w-o-w.
  • Nalco has a production capacity of around 400,000 t per annum of aluminium and accounts for 9-10% of India’s market share.

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