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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