NALCO raises aluminium prices by Rs.2000 per tonne

Bhubaneswar, March 3 (IANS) State-owned National Aluminium Co Ltd (NALCO) has increased prices of all its products by Rs.2000 per tonne, a senior company official said Wednesday.

‘We have increased the price of all our aluminium products by two thousand rupees after aluminium gained in London metal exchange’, the official told IANS.

The billet price was, however, increased only by Rs 1500 per tonne, he said.

NALCO products include aluminium ingots, sows and billets.

NALCO is Asia’s largest integrated aluminium producer and its sales prices are watched as they generally serve as an international benchmark.

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