Thursday, 30 November 2017

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 30 NOVEMBER 2017

Aluminium trading range for the day is 129-136.4. Aluminium dropped after the Trump administration launched an aggressive new trade action against China. U.S. commerce department says estimates dumping margins on china alloy aluminum sheet of 56.54 pct to 59.72 pct.In a separate anti-dumping an anti-subsidy investigation into aluminum foil, the Commerce Department in October imposed combined preliminary duties of 108 to 243 percent.

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