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Aluminium prices low but Indian companies getting high premiums

By · June 27, 2012 · 12:10 am · Leave a Comment

 

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By Shivom Seth

London-listed mining group Vedanta Resources said it has sold 3,000 tonnes of aluminium ingots at a premium of $220 a tonne over the London Metal Exchange (LME) price in the Asian market. 

India’s state-run National Aluminium Company (Nalco) has also sold 8,000 tonnes of aluminium ingots at a premium of $202.80 per tonne premium over the LME price.

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