Aluminium Wire Rod
Aluminium wire rods are semifinished products made from aluminium, used as the raw material for producing electrical wires and cables. If you are looking for re...
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Aluminium Wire Rod Bytes
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Aluminum Prices Drop Slightly as Global Production Rises, Market Faces Trade Uncertainty
Aluminum prices saw a slight decline as global production increased, particularly in China. While domestic production is expected to rise gradually in February, profitability concerns persist for Chinese smelters. The market is also reacting to growing Russian aluminum stocks in LME warehouses and potential EU sanctions. Experts suggest the market is undergoing structural adjustments.
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MCX Aluminium Prices Dip Amid Rising Global Supply and Tariff Threats
Aluminium prices on MCX fell by 1.06%, driven by increased global production and higher stock levels. China and Japan reported production and inventory surges, while the EU plans to include Russian aluminium in its sanctions package. Rising production costs in China are causing losses for the first time in three years. Experts forecast aluminium support at Rs 251.4 and resistance at Rs 254.
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Aluminum Prices Firm Amid Tightening Supply and Production Growth
Aluminum prices held steady despite mixed trends in the global market. Supply constraints at LME warehouses and strong Chinese production shaped price movements. Declining alumina costs and ongoing U.S. tariff discussions further influenced market sentiment.
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