Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?
- Posted on May 27, 2026
- By Business News Today
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- 1 min read
Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?
Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in China, the world's top producer, are driving the rally. Traders are concerned about China's review of energy consumption and emissions. This situation tightens global supply, benefiting Indian aluminium producers. Morgan Stanley sees strong demand and constrained supply supporting prices.