Aluminium prices experienced a decline of 0.44%, settling at Rs 393, as traders engaged in profit-taking after recent gains. Nonetheless, persistent supply concerns continued to underpin support for the market. Global aluminium sentiment continued to be bolstered by a reduction in physical availability, as LME aluminium inventories decreased to 335,450 tonnes, marking their lowest point Read More
Aluminium prices experienced a modest increase in the previous session, closing 0.11% higher at Rs 330.6, bolstered by rising supply concerns associated with intensifying geopolitical tensions in the Middle East. Production disruptions have contributed to a bullish sentiment, as Qatalum and Aluminium Bahrain announced force majeure on shipments, heightening concerns over a tighter global supply. Read More
Aluminium experienced a decline of 1.27%, closing at Rs 303.8, following reports suggesting that U.S. President Donald Trump might reduce specific tariffs on steel and aluminium products. The news impacted sentiment, although losses were mitigated by supply-side concerns. South32 has announced that its Mozal smelter in Mozambique will enter a phase of care and maintenance, Read More
