Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Aluminium prices on Friday declined 35 paise to ₹198.40 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 35 paise or 0.18% to ₹198.40 per kg in 4,389 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
Also Read : India to be back as net exporter of steel by fiscal-end: Scindia NMDC raises iron ore prices again, a tonne to cost ₹400 more
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