Tag: aluminium downstream margins
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LME base metals prices rise d-o-d; Hindalco’s Q1 profit jumps 30% y-o-y
Oil prices hold steady ahead of Friday’s Trump-Putin meet Strong aluminium operations boost Hindalco’s Q1 revenue Base metals prices on the London Metal Exchange (LME) saw positive trends d-o-d, with zinc increasing by 1.37% to $2,848/tonne (t). Meanwhile, inventories at LME-registered warehouses registered negative movements d-o-d, with lead recording the highest decline of 1.34%. Domestic…