Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Aluminium prices on Monday declined ₹1 to ₹198.05 per kilogram in the futures market as participants trimmed their positions on a weak trend in the spot market.
On the Multi Commodity Exchange, aluminium for delivery in February fell ₹1 or 0.5% to ₹198.05 per kg in 2,812 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
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