Monday, 12 February 2018

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 12 FEBRUARY 2018

Aluminium trading range for the day is 135-140.8. Aluminium dropped as stock markets extended the week’s sharp slide, with the prospect of rising U.S. interest rates. U.S. aluminum foil makers say Chinese imports 'devastated' industry. The U.S. Commerce Department in 2017 imposed combined preliminary antidumping and anti-subsidy duties on Chinese aluminum foil of about 114 percent to 243 percent.

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