JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
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.
Also Read : Carbon emissions from aluminium sector dip despite output growth: report Aluminium futures make lower low, go short
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