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Nalco invites bids for alumina exports

Friday, Apr 27, 2007
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India's state-run National Aluminum Co. Ltd. (532234.BY), or Nalco, is seeking to export up to 30,000 metric tons of alumina in a sale tender which is likely to be concluded over the next two-three working days, a senior company official said Wednesday.

The alumina is expected to be shipped next month, he added.

The latest alumina tender by Nalco, has gone for $423 a metric ton, according to market sources.

NALCO exported around 90,000-100,000 tons of alumina in the financial year ended March 31, 2007.

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