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National Aluminium Ups Rolled Pdt Rates By INR1,000/Ton -Exec

Tuesday, Apr 07, 2009
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MUMBAI, Apr 06, 2009 (Dow Jones Commodities News via Comtex) -- India's state-run National Aluminium Co. Ltd. (532234.BY) has raised its rolled product and cast strip prices by INR1,000 per metric ton effective April 2, a company official said Monday. The company has also withdrawn financial year-end discounts offered to some customers, said the official, who did not wished to be named. In March, the company had lowered the prices of aluminum ingots and sows by INR1,000-INR3,000/ton for its regular customers, who comprise 60% of the company's customer base. -By Swansy Afonso, Dow Jones Newswires; 91-22-2288-4212-18; swansy.afonso@dowjones.com

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