India Nalco Sells 30,000 Tons Alumina At $241.33/Ton-Executive
July 10 2009 - 11:33AM
Dow Jones News
India's state-run National Aluminium Co. Ltd. (532234.BY) sold
30,000 metric tons alumina at $241.33/ton, free on board Vizag
port, a senior company official said Friday.
The alumina was sold to Switzerland-based Glencore, the
official, who did not wish to be quoted, said.
He said the tender received six bids.
In April, the company sold 30,000 tons of alumina at $227.64/ton
to BHP Billiton (BHP.AU).
The sale price at Nalco's alumina tenders is usually seen as a
price benchmark internationally.
-By Swansy Afonso; Dow Jones Newswires; 91 22 2288 4212;
subhadip.sircar@dowjones.com