NALCO, Bauxite Output

India: Nalco hikes aluminium ingots prices by INR 1,600/t

  • Nalco has increased primary aluminium ingots (P1020, 99.7%) prices by INR 1,600/t ($19/t) on 23 Feb’23. Effective prices stand at INR 228,400/t ($2,761/t) exw.
  • The closing price of LME aluminium three month futures stood at $2,418/t yesterday, inched up by $25/t w-o-w.
  • Notably, Nalco increased prices even when the price was cut by other primary players including Balco and Hindalco today.

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