Since the Russian invasion of Ukraine, aluminium has lost its steam shedding prices to a one-and-a-half-year low. Prices on the benchmark London Metal Exchange has corrected to more than 48 per cent from its all-time high tested in March. Similar moves were witnessed in Shanghai and the MCX futures.
Why are metal stocks rallying: Explained!
Metal stocks have been on a roll lately. The Nifty Metal index has been up significantly, with gains of over 50%, in the last one