business / news / / CNBC TV18
Nifty Metal is the best-performing sectoral index this year with gains of over 7.8%.
Aluminium prices may have peaked, with brokerages hesitant to assume prices above $3,000 per tonne.
KEY POINTS
- Indonesia is expected to add more aluminium supply to the global market in the first half of 2026.
- Steel prices in India are near parity with imports due to input shortages and higher gas prices.
- Mining stocks like NMDC and MOIL, which have lagged, may begin to catch up in performance.
COMPANIES
Summarized by Newsio from CNBC TV18. How we summarize →