Help Desk -
9717405332, 9599714297, 9810335381
Email
Password

NALCO Q2 earnings were steady - Mr TK Chand

Metal News - Published on Wed, 06 Dec 2017

Image Source: pratisrutiplus.com
Money Control reported that National Aluminium Company's Q2 earnings were steady and in-line with expectations. In an interview to CNBC-TV18, Mr TK Chand CMD of NALCO spoke about the results and his outlook for the company.

Mr Chand said that we will sell around 6-7 lakh tonne of alumina and 2 lakh tonne of aluminium in the second half of FY18.

Mr Chand further said that alumina prices have corrected to USD 502 from USD 527.

Mr Chand added that average alumina price is hovering around USD 502 so far.

Mr Chand added that NALCO enjoys 8-9 % higher price than aluminum index.

Source :

Posted By : Rabi Wangkhem on Wed, 06 Dec 2017
Related News from Metal segment