- Nalco has reduced primary aluminium ingot (P1020, 99.7%) prices by INR 1,700/t ($21/t) today compared to 21 Jun’22. The effective price stands at INR 222,000/t ($2,798/t).
- The LME three-month aluminium price was at $2,437/t in the last trading session, down marginally by $7/t w-o-w.
- Nalco has 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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