Author: Aditi Sen

Firm domestic market supports NALCO price increase  Buyers limit purchases to immediate requirements  NALCO increased its primary aluminium ingot (P1020, 99.7%) prices on 24 July, raising the benchmark to INR 361,100/t ($4,010/t) from INR 356,300/t ($3,954/t), marking an increase of INR 4,800/t ($56/t), or 1.3%, supported by firm domestic aluminium prices. The prices are quoted on an ex-works basis…