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Nalco Sells Aluminum Billets At $130/Ton Premium To LME

Wednesday, Mar 03, 2010
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MUMBAI, Mar 03, 2010 (Dow Jones Commodities News via Comtex) -- India's state-run National Aluminium Co. Ltd. (532234.BY) sold 1,800 metric tons of aluminum billets at a premium of $130 a ton to the London Metal Exchange cash price, a senior company executive said Wednesday.

The billets will be shipped out during March to the buyer, LM Metal, said the executive, who didn't wish to be named.

The tender received five bids, he added.

-By Swansy Afonso, Dow Jones Newswires; 91-22-6145-6106; swansy.afonso@dowjones.com

(END) Dow Jones Newswires

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