ShreeMetalPrices: When will the US Federal Reserve Meet for Rate Hike in March ?
The Federal Open Market Committee (FOMC) will meet again in March. On March 21 and 22, the FOMC will gather to consider the US Federal Reserve’s (Fed) next move regarding a rate hike. On March 22, the decision to raise rates for March will be made public. The The Federal Open Market Committee (FOMC) would […]
ShreeMetalPrices: IEA Forecasts China’s Demand could Increase the Prices of Natural Gas in 2023
The International Energy Agency (IEA) warned on Tuesday that natural gas prices might rise in 2023. As Asia, notably China, resumes its demand for liquefied natural gas (LNG). Natural gas prices have declined in recent months. While being high by historical standards, as a milder-than-expected winter maintained storage levels strong & increased supply in Europe. […]
ShreeMetalPrices: Gold Deposits Found in Odhisa in Three Different Regions
Odisha is once again in the spotlight for its deposits of precious minerals & metals, which account for 98% of the country’s chromite resources. And it’s gold this time. 3 Gold deposits have been discovered in three different regions within the state, mines & Steel Minister Prafulla Mallik said the state Assembly on Monday. In […]
ShreeMetalPrices: Sudbury Mines discovers fresh resources of copper, nickel, cobalt, palladium, gold, and platinum
Magna Mining, a Sudbury-based prospective metals producer has found a new mineral area close to the surface at the old Inco mining area. This winter, a drill programme was start by a local company to determine how much life remains in the once-productive Crean Hill mine. Which is located in the southeast part of the […]
ShreeMetalPrices: FED fights inflation; Expects further rate hikes for disinflation to avoid recession
The Fed Reserve is not likely to have the ability to reduce inflation without significantly raising interest rates. Which can causing a recession, According to a report published on Friday. One report of the news paper that explores the history of central banks’ attempts to induce deflation is former Fed Governor Frederic Mishkin. The report […]
ShreeMetalPrices: Russia & Ukraine war: G20 unable to reach a solution
G20 finance leaders are expected to adjourn their conference in India on Sat. Without issuing a common statement because they were unable to agree on how to describe the conflict in Ukraine. They added that despite opposition from the Chinese & Russian delegations. The U.S. & its partners in the G7 group have been determine in their demands that […]
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: 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: HINDALCO DECREASES ALUMINIUM PRICES BY Rs. 3,250/-
Hindalco Aluminium Decreases it’s Product Prices By INR 3,250/-MT on 03-February-2023 Hindalco Aluminium Ingot Prices Decreases By INR 3,250/-MT today which comes at INR 241,500/-MT. Hindalco Aluminium Wire Rod Prices Decreases By INR 3,250/-MT today which comes at INR 252,600/-MT. Hindalco Aluminium Billet Prices Decreases By INR 3,250/-MT today which comes at INR 255,600/-MT SHREE […]