ShreeMetalPrices: HINDALCO DECREASES ALUMINIUM PRICES BY Rs. 5,500/-
Hindalco Aluminium Decreases it’s Product Prices By INR 5,500/-MT on 24-February-2023 Hindalco Aluminium Ingot Prices Decreases By INR 5,500/-MT today which comes at INR 225,750/-MT. Hindalco Aluminium Alloy Wire Rod Prices Decreases By INR 5,500/-MT today which comes at INR 236,850/-MT. Hindalco Aluminium Billet Prices Decreases By INR 5,500/-MT today which comes at INR 239,850/-MT […]
ShreeMetalPrices: HINDALCO INCREASES ALUMINIUM PRICES BY Rs. 3,750/-
Hindalco Aluminium Increases it’s Product Prices By INR 3,750/-MT on 22-February-2023 Hindalco Aluminium Ingot Prices Increases By INR 3,750/-MT today which comes at INR 231,250/-MT. Hindalco Aluminium Alloy Wire Rod Prices Increases By INR 3,750/-MT today which comes at INR 242,350/-MT. Hindalco Aluminium Billet Prices Increases By INR 3,750/-MT today which comes at INR 245,350 […]
ShreeMetalPrices: HINDALCO INCREASES ALUMINIUM PRICES BY Rs. 4,500/-
Hindalco Aluminium Increases it’s Product Prices By INR 4,500/-MT on 21-February-2023 Hindalco Aluminium Ingot Prices Increases By INR 4,500/-MT today which comes at INR 227,500/-MT. Hindalco Aluminium Alloy Wire Rod Prices Increases By INR 4,500/-MT today which comes at INR 238,600/-MT. Hindalco Aluminium Billet Prices Increases By INR 4,500/-MT today which comes at INR 241,600/-MT […]
ShreeMetalPrices: Metals Fueled As Market Participants Hopes recovery in Chinese demand, Lowering Inflation from Natural Gas Prices
Copper Yesterday closed up 1.25% to 777.5 as market players maintained optimism about a revival in demand in major consumer China. Prices were boosted by expectations that China’s metal consumption will eventually increase after the country lifted the severe COVID-19 limits. According to the International Copper Study Group (ICSG). The refined copper market saw a […]
ShreeMetalPrices: US inflation eased a bit in January; CPI Index shows inflation at 6.4%
The Federal Reserve’s (FED) officials are looking for signs. That its recent round of hikes in interest rates is having an impact on inflation. Although consumer price index (CPI) growth in the U.S. expanded more slowly in January, it was still higher than expected. According to data released by the Labor Department on Tuesday, Consumer […]
ShreeMetalPrices: U.S. announces additional crude oil reserve release that lead oil prices to drop.
After the U.S. government announced it will release additional crude oil out of its Strategic Petroleum Reserve, oil prices dropped on Tuesday. Traders are now keeping an eye on U.S. inflation statistics in expectation of further declines. By 1005 GMT, Brent crude futures had down by 80 cents, with 0.9%, at $85.81 per barrel. Whereas […]
ShreeMetalPrices: HINDALCO DECREASES ALUMINIUM PRICES BY Rs. 3,500
Hindalco Aluminium Decreases it’s Product Prices By INR 3,500/-MT on 14-February-2023 Hindalco Aluminium Ingot Prices Decreases By INR 3,500/-MT today which comes at INR 226,750/-MT. Hindalco Aluminium Alloy Wire Rod Prices Decreases By INR 3,500/-MT today which comes at INR 237,850/-MT. Hindalco Aluminium Billet Prices Decreases By INR 3,500/-MT today which comes at INR 240,850/-MT […]
ShreeMetalPrices: UK narrowly avoids entering into recession as economy reaches “Zero Growth” in Q4
Britain’s economy had “Zero Growth” in the last three months of 2022. Keeping it from going into a recession for the time being. However, the economy will face difficult circumstances in 2023 as families continue to struggle with double digit inflation. As a result of widespread disruptions in public sector, railway, & postal services during […]
ShreeMetalPrices: China says recently proposed US ban against Chinese nationals purchasing property with in US violates laws
The China’s foreign ministry stated on Friday that the United States’ consideration of a ban against Chinese nationals purchasing property with in United States violates both the principles of a market economy and the laws governing international trade. At a routine press conference, spokeswoman Mao Ning stated that “politicising economic, commerce. And investing issues and […]
ShreeMetalPrices: China’s foreign exchange reserves increased in Jan amid a weaker dollar.
On Tuesday, official data revealed. That China’s forex reserve increased more than initially expected for January despite a weaker dollar relative towards other major currencies. The world’s largest country’s forex reserves increased $ 56.8 billion previous month to $ 3.184 trillion from the $ 3.152 trillion predicted by a Recent survey of researchers and $ […]