India: Nalco reduces aluminium ingots prices by INR 8,200/t ($108/t)

  • Nalco has lowered primary aluminium ingots (P1020, 99.7%) prices by INR 8,200/t ($108/t) today as against 25 Mar’22. The effective price stands at INR 309,500/t ($4,084/t).
  • The three-month LME aluminum contract price on 29 March was recorded at $3,436/t, down 5% as against $3,614/t on the previous trading day.
  • NALCO has a production capacity of around 0.4 mnt per annum and accounts for 11% of India’s market share.

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