27.06.2012 - Aluminium prices low but Indian companies getting high premiums

Even as Vedanta and Nalco bagged higher premiums for the lightweight metal, signalling a tightening market and limited metal availability, Novelis' new $100 million plant in China is set to boost demand. 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...............................................Full Article: Source

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