Nalco Hikes Product Prices By $75.38/ton

India's state-run National Aluminum Company, or Nalco, has hiked its product prices by 3,000 rupees ($75.38) a metric ton, with immediate effect, a senior company official said. The hike is in line with sharp rise in aluminum prices on the London Metal Exchange in the last few weeks, the official said. "The hike will be applicable across the board for all product varieties," the official added.