National Aluminium Co. Ltd. (NALCO), the countrys biggest public sector aluminium producer, has reportedly decided to cut prices by as much as 3.5% as the metal demand declined.
NALCO has cut aluminium prices by as much as Rs.3, 500 a metric ton, the report stated. Aluminum ingots are being sold at around Rs 96, 700 a ton starting from Jan. 17.
|