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India NALCO sells aluminium ingots at premium-source

Tuesday, May 05, 2009
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BHUBANESWAR, India, May 5 - Indian state-run National Aluminium Co Ltd has sold 6,000 tonnes of primary aluminium ingots at $60.61 per tonne premium over average London Metal Exchange price, a senior company source said on Tuesday. It was sold to Nobel Resources and the shipment would be in phases within six months from May, the official said. The tender was floated on April 28 and received five bids. NALCO last sold aluminium ingots in April at $65 a tonne premium over the LME average price.

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