Smouldering Hot – For Now
India's biggest iron ore producer NMDC, has hiked prices for the first time in the current fiscal (FY24).
aluminium
September 2023
August 2023
June 2023
August 2022
May 2022
February 2022
April 2020
July 2019
Hindalco Q1 profit falls 40% to ₹2,454 cr
U.S. arm Novelis reports revenues of $4.1 billion, impacted by lower average aluminium prices and subdued shipments.
Steel, aluminium exports to gain from Modi-Biden resolution of 6 WTO disputes: Piyush Goyal
Indian steel and aluminium exporters will see their market access restored by the U.S.
Aluminium prices set to rebound as global deficit looms: CRISIL
Prices have plunged around 45% from the March 2022 peak to around $2,400 per tonne, driven by Chinese lockdowns and easing supply concerns.
Novelis to invest $2.5 billion in US aluminium plant
This is also the largest global greenfield expansion project of the Aditya Birla Group.
Aluminium stocks surge amid Russia-Ukraine tensions; Hindalco hits 52-week high
The BSE Metal index was the top performer on the sectoral front with a 4.5% gain, led by Hindalco, Jindal Steel, Tata Steel, JSW Steel, SAIL, Vedanta and Hindustan Copper.
Novelis finally buys Aleris, but what about the timing?
Kumar Mangalam Birla’s Hindalco seeks to expand into high-value aluminium downstream products in industries like aerospace with the acquisition, which faced regulatory hurdles
‘June quarter revenue growth to be slowest in 2 years’
Corporate revenue growth seen around 5-6% in the first quarter of FY20 because of a broad-based slowdown in consumption.
