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 by 0.17% to ₹202.20 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 March fell 35 paise or 0.17% to ₹202.20 per kg in 4,380 lots.
Analysts said cutting down of positions by participants on easing demand from consuming industries mainly kept aluminium prices lower.
Also Read : Aluminum sector in India must incur significant costs to become carbon neutral Anglo American reports 24% surge in 2023 copper output