ATHENS--The latest alumina tender by India's National Aluminium Co. (532234.BY), or Nalco, has gone for $405 a metric ton, market sources said Tuesday.
India's Visa Group won the tender, with other bidders in the $390s/ton, market sources told Dow Jones Newswires.
The last Nalco tender went for $393/ton, market sources added.
The competitive bidding comes following the recent resolution to a general strike in Guinea aimed at toppling Lansana Conte, the country's long-ruling president.
The strike saw production of bauxite, a key ingredient to make alumina, halted at Alcoa Inc.'s (AA) CBG operations, the country's main producer. Alumina output at Russian Aluminum's Friguia refinery was also cut by less than 10%.
豫公网安备41010502003434号