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Flagging consumption and import surge hurt India's aluminium producers

Sales of aluminium companies fell by 10.8 per cent in the period as imports lead market.

Topics
aluminium import | aluminium production

Jayajit Dash  |  Bhubaneswar 

Nalco rides on London Metal Exchange gains, sees room for more price hikes
Global aluminium prices on the LME have dropped 21 per cent year-on-year during April-June to average at $1793 per tonne

Demand for aluminium in India grew by seven per cent in April-June quarter of FY20, but that failed to perk up producers as consumption growth moderated in industries facing liquidity crunch.

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First Published: Tue, August 20 2019. 18:46 IST
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