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NALCO issues 10,000 T aluminium export tender

Tuesday, May 22, 2012
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  Indian state-run metals maker National Aluminium Co Ltd has issued a tender to export 10,000 tonnes of aluminium ingots.

  The last date for submission of bids is May 28, the company said in a posting on its website late on Monday.

  NALCO, whose tenders serve as a global benchmark, last week sold 12,000 tonnes of aluminium ingots at nearly $162 per tonne premium over the average LME cash price on a cost, insurance and freight (CIF) basis to a European trader.

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