AgenciesPost implementation of GST, NALCO’s net gain was around Rs 100 crore due to rationalisation of taxes, which the company has passed on to customers in terms of Rs 3,000 discount per ton of aluminium. BHUBANESWAR: Upbeat over a 94 per cent jump in net profit, National Aluminium Company Limited (NALCO), has lined up projects with an investment of about Rs 25,000 crore, three of which will be inaugurated on Friday. The aluminium major will dedicate three major projects readied at a total cost of about Rs 660 crore, to the nation, during its upcoming foundation day celebrations, CMD of the Navaratna company, T K Chand told reporters here today. Union Minister for Mines Narendra Singh Tomar and Union Petroleum Minister Dharmendra Pradhan would inaugurate the South Block Bauxite mines, Panchpatmalli, 18.5 MW power unit at alumina refinery, Damanjodi and “first of its kind” Nanotechnology-based defluoridation plant at Angul on January 5, he said. While Panchpatmalli ...

Price trend According to the commodity analysis system of toodudu, the price of flake caustic soda had been consolidating this week. At the beginning of the week, the average market price in Shandong was 3,300 RMB/ton, and on the weekend it was 3,316.67 RMB/ton, with a price increase of 0.51% and a decrease of 29.93% compared to the same period last year. According to the price monitoring of toodudu, in the 5th week of 2024 (1.29-2.2), there was 1 commodity that rose, 5 commodities that fell, and 1 commodity that rose or fell to 0 on the chlor alkali industry price list. The main rising commodities included: flake caustic soda (0.51%); The main commodities falling include hydrochloric acid (-5.41%), light soda ash (-0.42%), and caustic soda (-0.26%). The average increase and decrease this week was -0.82%. Upstream caustic soda According to the Commodity Analysis System of toodudu, the price of caustic soda had been consolidating this week, with an average market price of 784 RMB/ton...