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VERIFIEDET Markets·positive
NALCO, Hindalco gain up to 8% as global aluminium prices hit 7-week high amid Mideast tensions
AI Summary
- ·NALCO and Hindalco shares saw significant gains on Wednesday.
- ·Global aluminium prices reached a seven-week high due to Middle East tensions.
- ·Factors contributing to the price rise include a production cut at Brazil's Alunorte refinery and low LME inventories.