Aluminum stocks of Hindalco, NALCO, Vedanta under pressure after sharp drop in LME prices

Source: AL Circle Jun 17, 2026 14:15

Shares of Hindalco, Vedanta and NALCO fell sharply after aluminum prices declined in global markets following reports of a preliminary peace agreement between the United States and Iran.

Aluminum prices on the London Metal Exchange (LME) dropped 4.4 per cent to about USD 3,379.50 per tonne, their lowest level since March. The decline came as traders reacted to expectations that the Strait of Hormuz could reopen, easing concerns over supply disruptions in the Middle East. The fall in

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