- Nalco has reduced primary aluminium ingot (P1020, 99.7%) prices by INR 5,400/t ($68/t) today compared to 8 July. The effective price stands at INR 216,600/t ($2,713/t).
- The closing price for the three-month aluminium futures on LME stood at $2,336/t on 14 July, down $106/t w-o-w.
- Nalco has a 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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