Hindalco, NALCO jump up to 5% as global aluminium prices hit four-year high

The image used in this article is generated with an AI tool and does not depict any real-time moment

Shares of Hindalco Industries Limited and National Aluminium Company Limited (NALCO) rose up to 5 per cent on Wednesday after global aluminium prices climbed to their highest level in nearly four years.

Shares of Hindalco Industries gained 4.32 per cent to INR 1,151.50 on the NSE at around 10:30 am, while NALCO advanced as much as 5 per cent to INR 435.95 per share.

The Nifty Metal index also emerged as one of the top-performing sectoral indices, rising nearly 3 per cent during the session. All 15 constituents of the index traded in positive territory, with Hindalco and NALCO leading the gains.

Global aluminium prices surged amid concerns over possible production cuts in China and continuing supply disruptions linked to tensions in West Asia. On the London Metal Exchange (LME), aluminium prices rose 0.6 per cent to USD 3,672.50 per tonne, the highest level since March 7,2022. According to the recent LME data of May 27, 2025, the cash offer price is at USD 3759 per tonne and 3 months offer price is at USD 3682 per tonne.

Other metal stocks, including Tata Steel Limited, Vedanta Limited, Adani Enterprises Limited and Hindustan Copper Limited, also gained between 1 per cent and 3 per cent.

Explore:  Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook report for an indepth analysis.

A Bloomberg report said traders are increasingly concerned that Chinese smelters could be asked to curb production as authorities review energy consumption and emissions across major industrial sectors.

The report added that aluminium smelters have been operating at full capacity due to supply shortages triggered by the ongoing West Asia conflict, helping support the recent rally in global aluminium prices.