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India's NALCO issues tender for exporting 7,000 T aluminium

Wednesday, Oct 21, 2009
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MUMBAI, Oct 20 (Reuters) - India's National Aluminium Co Ltd (NALCO) has issued a tender for exporting 7,000 tonnes of primary aluminium ingots, the company's website showed on Tuesday. The last date for submitting bids is on Thursday, the company said. NALCO, whose tenders serve as an international benchmark for prices, last sold aluminium ingots at $84.6 a tonne premium over the LME cash price on a CIF basis, a source in the company had said last week. (Reporting by Ruchira Singh; Editing by Jarshad Kakkrakandy)

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