India’s Hindalco Industries said China’s move to cancel export tax rebates on aluminum would benefit the company.
Indian aluminium companies were rallying higher on Monday as China said it would cancel export tax rebates, fuelling worries ...
China’s decision to cancel this tax rebate, which has long supported its export-driven aluminum industry, sparked a sharp ...
Any tightening of the supply of aluminium and aluminium products globally are expected to benefit Indian producers.
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Chinese Aluminium exports represent 15% to 16% of the country's total production and 20% to 22% of production outside China.
Until thus far, products made from aluminium and copper were offered a tax rebate of 13 per cent. Nonetheless, Nifty Metal ...
By Hritam Mukherjee (Reuters) -Indian shares opened higher on Tuesday, following three straight sessions of declines, led by ...
Hindalco Industries Ltd., one of India’s largest aluminum and copper producers, reported a 78% jump in second-quarter profit, ...
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Hindalco Industries Limited reported a net profit of ₹3,909 crore for the quarter ending September 30, marking a 78% increase ...
The development is likely to curtail China's aluminium exports, thereby tightening global supply and driving up prices, ICICI ...