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ALUMINIUM PRODUCTION HALT
A stock trader’s guide to navigating rare ‘Super El Niño’As fears over the Iran conflict ease, investors are turning their attention to climate risk, with a potential “Super El Niño” emerging as a...
Commodity Radar: Aluminium rally gathers pace as Middle East tensions squeeze supplies. Is 45% one-year rally sustainable?Aluminium prices remain elevated amid Middle East tensions and tight global supply, with sentiment supported by structural shortages. Analy...
Commodity Radar: Aluminium charts show bullish trends, but high volatility. Religare analyst suggests trading strategyAluminium prices have surged amid a sharp global supply squeeze triggered by geopolitical tensions in the Middle East. Religare’s Ajit Mish...
US Israel-Iran War Day 48: US' new sanctions on Iran, Tehran vows to 'sink' ships as battle for Hormuz intensifiesIran War News Day 48: As the Iran-Israel war reaches its 48th day, tensions escalate with Iran threatening US forces and the US intensifyin...
Domestic aluminium extrusion industry scales down production amid West Asia crisisIndia's aluminium extrusion industry is facing a severe downturn. Production has dropped by nearly half due to disruptions in West Asia. Ra...
Commodity Radar: Aluminium supply squeeze offers opportunity as Religare suggests targetsAluminium prices surged amid global supply disruptions triggered by Middle East tensions, including Iran’s missile strikes on smelters. Rel...
Hindalco expects rise in exports as war disrupts aluminium supplyHindalco Industries anticipates a surge in aluminium exports to Japan, Korea, and Taiwan due to supply disruptions in the Gulf region cause...
Hindalco denies extrusions operations halt report; says overall operations largely unaffectedHindalco Industries assures stakeholders that its aluminium extrusions division is fully operational. A standard communication went out reg...
Indian aluminium producers seek RoDTEP relief to stay competitiveThe Aluminium Association of India is asking the government to keep RoDTEP rates for aluminium exports unchanged. This move aims to help In...
Hindalco halts production of extruded aluminium products due to Iran war, notice saysHindalco Industries has stopped producing extruded aluminium. This value-added product is crucial for construction, electric vehicles, and ...
As oil surged, another commodity quietly caught fire in Iran warIran War: Global aluminium prices are soaring to four-year highs as the Strait of Hormuz closure disrupts vital trade routes. Gulf smelters...
Metal shares surge as West Asia conflict fuels global aluminium price spikeIndian metal stocks saw a significant rise today. Aluminium manufacturers led the gains. The closure of the Strait of Hormuz due to the Wes...
Hindalco, NALCO, Vedanta, and other metal stocks rise up to 7%. Here's whyIndian metal stocks rallied sharply as aluminium prices surged on supply concerns after Bahrain’s Alba halted shipments following the Strai...
Why are oil, gas and aluminium prices and shipping costs rising now, and will Iran continue to target oil infra in Oman, UAE, Saudi Arabia, Qatar and other Middle East nations after closing Strait of Hormuz?Why are oil, gas and aluminium prices and shipping costs rising now, and will Iran continue to target oil infrastructure in Oman, UAE, Saud...
Coal Consumers Association writes to govt seeking immediate resumption of supply to non-power sector“The current predicament is a massive blow to the Non-power sector of the country which has been gradually turning around after suffering f...
Aluminium manufacturers write to CIL for resuming coal suppliesThe state-run coal miner’s “ad-hoc decision for stopping/drastically curtailing coal supplies and rakes for non-power sector (NRS)” is push...
Indian companies may not gain from global aluminium rallyThe recent upswing in aluminium premiums in the US and Europe may not benefit Indian aluminium manufacturers - Hindalco Industries and Nalc...
- Copper, lead prices recover on global cues, industrial demand
Globally, copper gained 0.40 per cent to $ 7,349.25 while lead rose 2.2 per cent to $ 2,172 per tonne at the LME.
- YKK to buy out Bhoruka Aluminium's Mysore extrusion biz
The world’s largest manufacturer of zippers and hooks is expected to pay Rs 120 crore to acquire the business, which includes India’s secon...
- Birlas get 'green' signal for expansion in Orissa
The Aditya Birla group will double capacity at its alumina unit in Orissa after receiving environmental clearance.