ShreeMetalPrices: Saudi Arabia’s economy grows by 8.7% in 2022; Highest growth rate in last 10 years
Saudi Arabia’s GDP rose by 8.7% in 2022. The highest growth rate among G20 nations. According to a study released by the General Administration for Statistics. The study was cited by the Xinhua news agency as adding that the increase above the maximum 8.3% international estimate & was the greatest yearly rate in the kingdom
ShreeMetalPrices: China’s commodity imports justifies mixed picture of future hope & slow reviving
China’s imports of major commodities demonstrated both the possibility of an increase in 2023. And the fact that economic momentum needs time to develop. For the first 2 months of 2023, official customs statistics from the largest commodity importer in the world revealed a mixed picture, with strength in coal & iron ore being offset
ShreeMetalPrices: Commodities Market Outlook – May Rise Next Week Prospects on China’s Economy Recover
Markets were more volatile In the week ending March 3. As a fresh batch of positive United states economic statistics impacted on risk appetites. And investors grew more optimistic about stimulus announcements at China’s National People’s Congress (CNPC). After 4 weeks of gains, the Dollar index ended the week with a small dip. It had
ShreeMetalPrices: HINDALCO INCREASES ALUMINIUM PRICES BY Rs. 4,750/-
Hindalco Aluminium Increases it’s Product Prices By INR 4,750/-MT on 02-March-2023 Hindalco Aluminium Ingot Prices Increases By INR 4,750/-MT today which comes at INR 224,750/-MT. Hindalco Aluminium Alloy Wire Rod Prices Increases By INR 4,750/-MT today which comes at INR 235,850/-MT. Hindalco Aluminium Billet Prices Increases By INR 4,750/-MT today which comes at INR 238,850/-MT
ShreeMetalPrices: China Accelerating wind & Solar energy Generation, increased its supply of renewable energy
China has been the world’s biggest and most rapidly expanding manufacturer of renewable energy for some more than ten years. However since 2021, a sharp acceleration in the expansion of wind capacity has helped it increase its edge over rivals internationally. According to research from think tank Ember, China. The world’s second-largest industry for wind
ShreeMetalPrices: Oil & Commodities Steadies Hopes on China’s & U.S. Data
The oil industry has been waiting for data to confirm that China is purchasing crude as never before since COVID restrictions were lifted in the top crude importer in the world about 4 weeks ago. Investors will get a first impression of how China’s economic reopening is doing based on the PMI statistics released on
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: 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