- NALCO reduced primary aluminium ingots (P1020, 99.7%) prices by INR 24,800/t ($327/t) yesterday as against 11 Mar’22. NALCO’s effective price stands at INR 281,300/t ($3,708/t).
- The closing price for the three-month aluminium futures on LME stood at $3,258/t on 16 Mar as against $3,277/t the day before.
- The company has a production capacity of around 0.4 mnt per annum and accounts for 11% of India’s market share.
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