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ALUMINIUM SCRAP SUPPLY
India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...- Can Vedanta Aluminium, NALCO shares crash up to 40%? Why InCred sees major downsideInCred Equities has turned bearish on the aluminium sector, advising investors to exit aluminium stocks as it sees a potential 30–40% downs...
- The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explodeMorgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight’ rating and a target price of Rs 1,325, citing a favourable al...
- Aluminium prices near record high: What’s driving the rally?Aluminium prices are trading near multi-year highs due to persistent structural supply tightness, not temporary factors. Stricter environme...
- Indian recyclers seek removal of import tax on aluminium scrap, letter showsSmall and medium recycling firms are urging the PMO to scrap the 2.5% import tax on aluminium scrap due to rising costs and tight global su...
- EU’s CBAM expansion to impact Indian engg, auto parts, machinery exports: GTRIIndia's exports of engineering goods, auto parts, and machinery to Europe face potential carbon tax hikes as the EU expands its Carbon Bord...
- EU's proposed CBAM expansion may impact Indian exporters: GTRIThe European Union is set to broaden its Carbon Border Adjustment Mechanism, which could lead to a spike in carbon tax expenses for Indian ...
- Hindalco, NALCO downgraded to ‘reduce’ by InCred Equities. Here are 3 reasons whyHindalco and National Aluminium Company shares fell Tuesday. A brokerage firm downgraded both companies. They cited weak growth prospects f...
- Mines Minister launches vision documents for Aluminium and CopperIndia aims to significantly increase its aluminium and copper production by 2047, according to vision documents. The plans include boosting...
- Aluminium association seeks import duty hike ahead of BudgetIn a letter to the principal secretary to the PM, the Aluminium Association of India said its communication was in response to what it term...
- Zinc strengthens on global cuesMeanwhile, zinc for delivery in three months rose 0.2 per cent to $2,249 a tonne on the London Metal Exchange. Prices reached $2,294.50
- Copper firms up on global cues and rising demandCopper advanced by Rs 2 per kg in tandem with a firming trend overseas amid rising demand from consuming industries at the market today.
- Zinc strengthens on global cues, rises 0.4%Traders said sentiment in zinc remained firm after it rose in global markets, as stockpiles tracked by the London Metal Exchange shrank to ...
- Nickel softens on global cuesNickel prices slipped by Rs 2 per kg at the local non-ferrous base metals market on Wednesday on weak global trend.
- Nickel strengthens on global cuesNickel prices strengthened by Rs 2 per kg on the local non-ferrous base metals market on Monday largely on a firming global trend.
- Nickel strengthens on global cuesNickel prices moved up by Rs 5 per quintal on the local non-ferrous base metals market on increased demand from consuming industries.
- Select base metals rise on industrial demand, global cuesIn the national capital, copper mixed scrap zinc ingot were up by Rs 2 each to Rs 418 and Rs 113-119 per kg, respectively.
- Copper, nickel prices fall on reduced industrial offtkaeTraders said reduced industrial offtake and a weak global trend on concern that demand from China may not be able to absorb rising global s...
- Copper falls on global cuesLead ingot 140, lead imported 138, aluminium ingots 140, sheet cutting 141, aluminium wire scrap 144 and aluminium utensils scrap 140.
- Copper, nickel up on global cuesCopper and nickel prices rose by up to Rs 5 per kg in the local non-ferrous metal market today on sustained buying by stockists in tandem w...
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