ShreeMetalPrices: Macro and Supply Pressure Force SHFE ZINC To Drop Below 24000 Yuan/MT
Metals prices were pressured by the US Dollar Index, which rose to a 20-year high. Against this backdrop, LME and SHFE zinc prices fell, with LME zinc falling 6.24% overnight, a new low since July 29th. SHFE also recorded an overnight loss of 3.82 below the 24,000 yuan/mt mark. SHFE zinc continued its downtrend yesterday
ShreeMetalPrices: Hindalco Aluminium Increase it’s Product Prices By INR 18,250/-MT on *25-Feburary-2022
Hindalco Aluminium Ingot Prices Increase By INR 18,250/-MT today which comes at INR 301,750/-MT. Hindalco Aluminium Wire Rod Prices Increase By INR 18,250/-MT today which comes at INR 312,850/-MT. Hindalco Aluminium Billet Prices Increase By INR 18,250/-MT today which comes at INR 315,850/-MT.
ShreeMetalPrices: Nalco Aluminium Increase it’s Product Prices By INR 20,000/- MT on 25-Feburary-2022
Nalco Aluminium Ingot Prices Increased By INR 20,000/-MT on 25th February which comes at INR 300,450/-MT versus Price on 17th February was INR 280,450/-MT. Nalco Aluminium Wire Rod Prices Increased By INR 20,000/-MT on 25th February which comes at INR 302,950/-MT versus Price on 17th February was INR 282,950/-MT. Nalco Aluminium Billet Prices Increased By
ShreeMetalPrices: Scrap Deal Prices Of USA Rises Slower Than Expected
Ex-USA Offers & One Ex-Estonia Deal Were Disclosed In Turkey’s Import Scrap Marketplace These Days, February 14, Even Though The Deals Are Believed To Be Done At End Of Last Week. A Turkish Marmara-Based Mill Has Concluded One Of The Ex-USA Bookings With HMS I/II 85:15 Scrap Status At $509/MT CFR And Bonus Grade Scrap
ShreeMetalPrice: Hindalco Aluminium Increased it’s Product Prices By INR 9,500/-MT on 15-Feburary-2022, Today
Hindalco Aluminium Ingot Prices Increased By INR 9,500/-MT today which comes at INR 285,500/-MT Hindalco Aluminium Wire Rod Prices Increased By INR 9,500/-MT today which comes at INR 296,600/-MT Hindalco Aluminium Billet Prices Increased By INR 9,500/-MT today which comes at INR 299,600/-MT
ShreeMetalPrices:Toyota Japan Lowers Goal Output Of Vehicles Because Of Scarcity Of Components
Due To The Shortage Of Parts, Japan’s Vehicle Producer Toyota Diminished Its International Target Output To 8. 5 Million Units For The Fiscal 12 Months From April 2021 To March 2022, Decreased From The Goal Of 9 Million Devices Previously Set In January. Toyota Stated That The Agency’s Output Forecast Was Suffering From The Present