India: Nalco reduces aluminium ingots prices by INR 10,300/t

  • Nalco decreased primary aluminium ingots (P1020, 99.7%) prices by INR 10,300/t ($132/t) today compared to 28 May. The effective price stands at INR 244,200/t ($3,142/t).
  • The LME aluminium price was at $2,715/t in the last trading session, down $101/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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