Since February, aluminum prices have risen 8 percent, contributing to an 18-percent year-over-year rise related to U.S. sanctions against a Russian producer.
Costs are expected to grow to an extent that could dent canned beverage...
Aluminum prices rose to multi-year highs last week on the back of US sanctions against Russia.
The US has since softened its tone on Russian aluminum giant Rusal Co.
But even if aggressive sanctions remain in place, some think aluminum prices...
Anheuser-Busch InBev , the world's largest brewer, is hopeful that the United States will grant permanent exemptions to aluminum imported from allies and wants U.S. Congress to look into price spikes that have already set in.
Indian shares edged up on Tuesday, with financials and pharma stocks boosting sentiment, but gains on the NSE Nifty were capped by aluminium producers such as Hindalco Industries Ltd on lower global prices.
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Companies in this category sell aluminum and aluminum products. In addition to mining bauxite ore, one of the most common sources of aluminum, some of these companies also produce gold and silver as well.