Nalco sells ingots at premium

Print this page Posted on : 11-19-2009 by recycleinme.com

Bhubaneswar, Nov.18

National Aluminium Co Ltd (Nalco) sold 10,000 tonnes of primary aluminium ingots at a premium of $87.15 a tonne over the LME cash price on a c.i.f basis, a company source said on Tuesday. The buyer was Hong Kong-based Noble Resources, said the official who has direct knowledge of the deal but could not be named due to company policy. He said there were seven bidders for the tender.

Source : Business Line