Hindalco, Vedanta Aluminium, SAIL: Metal stocks slide as Nifty Metal sheds 2%; key reasons and Nomura’s latest view
Brent crude has climbed above $110 a barrel amid escalating tensions in the Middle East. Higher oil prices can increase transportation, freight and energy costs for metal producers, putting pressure on profit margins.
Brent crude has climbed above $110 a barrel amid escalating tensions in the Middle East. Higher oil prices can increase transportation, freight and energy costs for metal producers, putting pressure on profit margins.
What's Your Reaction?
