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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 improves prospects for deliveries from Gulf producers. The reopening of the Strait of Hormuz is expected to impact Indian producers further.

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Economic TimesLean R·2h ago
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 improves prospects for deliveries from Gulf producers. The reopening of the Strait of Hormuz is expected to impact Indian producers further.
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Hindalco, NALCO, Vedanta Aluminium shares crash up to 6% as aluminium prices drop on US-Iran peace deal

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Hindalco, NALCO, Vedanta Aluminium shares crash up to 6% as aluminium prices drop on US-Iran peace deal

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