Reuters reported that Indian state run National Aluminum Company Limited has raised the domestic prices of its aluminum products by INR 4,000 per tonne except for rolled products.
The official who did not wish to be identified due to company policy said that the prices have been increased in line with the London Metal Exchange rates. The basic price of standard aluminum ingots and standard aluminum sow ingots has been increased to INR 152,200 per tonne.
He said that however the increase in price of rolled product has been increased only by INR 2,500.