Aluminium Update

National Aluminium Co (NALCO) has raised aluminium prices by Rs 4500 per tonne for all products in the domestic market, effective Dec. 1. The basic price of standard aluminium ingots after the latest increase was 143700 rupees per tonne, as per market reports.

NALCO, which is India's third-largest producer of aluminium, revises product prices from time to time to mirror London Metal Exchange prices. It last raised aluminium prices across all products by Rs 2500 in November.