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india hike aluminium prices

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    India's Nalco, Hindalco hike aluminium, product prices
    Source: Dow Jones 1/5/06

    India's aluminium giants National Aluminium Co. Ltd. and Hindalco Industries Ltd. said Monday that they have raised domestic prices of the metal and related products in line with a surge in the global market.

    State-run Nalco has increased the average price of its aluminium products by INR8,000 a metric ton, while Hindalco has raised the price of aluminium by INR8,500/ton.

    Both price hikes are effective from Monday, said the spokespersons of the two companies.

 
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