NALCO cuts aluminium price

BHUBANESWAR: State run National Aluminium Co Ltd has cut prices by Rs 6,000 per tonne in line with the London Metal Exchange, a senior company official said Wednesday.

"We have reduced the price of all aluminium products because the LME aluminium prices have come down," said the official, who could not be named due to company policy.

NALCO, the country's third-largest aluminium producer, produced 431,000 tonnes of the metal in the fiscal year to March.