Nalco lowered 3,000 rupee/ton of its Products

Bombay—some officers said that Nalco and Hindalco Company lowered 3,000 rupees/ton of their products, following the fell of LME aluminum spot price. A senior officer of Nalco said: “the felling of LME spot aluminum force us to adjust product price. We may reverse in early December.” However, a spokesman of Hinalco said it is impossible to adjust again in early December. On Tuesday, LME three month price is 2,515 dollars, fell 1% from November.