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Aluminium stocks slide as US-Iran deal eases supply fears, ends war-driven rally
Aluminium stocks tumbled up to 5% Tuesday following an interim US-Iran deal that eased supply concerns, leading to a projected further decline in prices. Analysts anticipate near-term pressure on the sector as imports are expected to resume, eroding previous premiums enjoyed by aluminium companies.
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financialpost.com
Aluminum slumps as Iran peace deal softens blow of supply crisis
Aluminum slumped to the lowest in over two months as an interim peace deal laid the groundwork for resumption of metal shipments. Read on
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economictimes.indiatimes.com
Hindalco, NALCO, Vedanta Aluminium shares crash up to 6% as aluminium prices drop on US-Iran peace deal
Indian aluminium stocks saw a sharp decline today. This happened as aluminium prices crashed significantly. The drop followed news of an Iran-US peace deal framework. This deal…
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Aluminium stocks slide as US-Iran deal eases supply fears, ends war-driven rally
Aluminium stocks tumbled up to 5% Tuesday following an interim US-Iran deal that eased supply concerns, leading to a projected further decline in prices. Analysts anticipate…