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Today, SHFE aluminium fluctuated in the morning session, with its centre moving higher. From the perspective of the spot market performance, destocking exceeded expectations, providing support for local spot premiums. Amid high aluminium prices, downstream purchase willingness declined, while transa ...
Hindalco Industries, the metals flagship of the Aditya Birla Group, has acquired 100 per cent equity in EMIL Mines and Mineral Resources Ltd. (EMMRL). The acquisition is a strategic step aimed at securing a long-term, reliable coal supply for Hindalco’s aluminium smelters, ensuring uninterrupted pro ...
Today, SHFE aluminium fluctuated in the morning session, with its centre moving higher. From the perspective of spot market performance, social inventory destocking provided support for local spot premiums. Downstream enterprises purchased aluminium as needed amid high aluminium prices.
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