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On Thursday, November 6, the London Metal Exchange (LME) aluminium price rose after a sharp decline the previous close. However, the LME aluminium 3-month Asian Reference Price continued to show a declining trend.
Both the LME cash bid and offer contracts rose by USD 23 per tonne or 0.81 per cen ...
Hindalco Industries Ltd, the flagship metals company of the Aditya Birla Group, is facing twin challenges this quarter. Its US-based subsidiary, Novelis Inc., reported weaker-than-expected earnings, prompting several brokerage downgrades. At the same time, the company has rolled out a 100-day campai ...
Macro front, internationally, mid-week this Wednesday, US Supreme Court justices expressed significant doubts about former President Trump's authority to unilaterally impose comprehensive tariffs, questioning whether Trump could bypass Congress to initiate trade conflicts. However, government offici ...
