Author: Aftab Khan

Weakening domestic market prompts NALCO price cut Buyers continue to restrict purchases to immediate requirements NALCO reduced its primary aluminium ingot (P1020, 99.7%) prices on 29 July, lowering the benchmark to INR 354,900/t ($4,055/t) from INR 361,100/t ($4,126/t), marking a decline of INR 6,200/t ($71/t), or 1.7%, in line with softer domestic aluminium market conditions.…