Aluminium stocks tumbled up to 5% Tuesday following an interim US-Iran deal that eased supply concerns, leading to a projected further decline in prices. Analysts anticipate near-term pressure on the sector as imports are expected to resume, eroding previous premiums enjoyed by aluminium companies.
Aluminium stocks tumbled up to 5% on Tuesday following an interim US-Iran deal, which has eased global supply concerns. This agreement is projected to lead to a further decline in aluminium prices. Analysts anticipate near-term pressure on the sector as renewed imports are…
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