India's NALCO tenders to sell 30,000 T alumina

MUMBAI, July 4 (Reuters) - India's state-run National Aluminium Co Ltd plans to sell 30,000 tonnes of alumina through a tender issued on Thursday, a source said. The tender, which will close on July 17, is for deliveries in August, the source said. NALCO's tenders usually serve as a price benchmark internationally. The highest bid for its last tender was $457.57 a tonne, the source said. This year, the firm expects to sell a total of 300,000 tonnes of alumina through 10 spot tenders, he said. (Reporting by Biman Mukherji; Editing by Mark Williams) Source: Reuters