State-run National Aluminium Co Ltd has reduced prices of its aluminium products for the domestic market by Rs 3,000 (USD 67.3) per tonne to bring them in line with LME, a company source said on Tuesday.
The basic price of standard aluminium ingots and standard aluminium sow ingots would now be Rs 114,700 per tonne, inclusive of flat discount, said the official who could not be named due to company policy.
NALCO is India's third-biggest aluminium maker and produced 431,000 tonnes of aluminium in the financial year ended in March.
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