Nalco, Hindalco, Vedanta shares rise, China cuts aluminum export tax rebate
The move announced by China is seen as a significant development in the global metals market. (Representative Image) Shares of National Aluminum Company Ltd (NALCO), Hindalco Industries and Vedanta Ltd rose as much as 9% on November 18, following China’s decision to reduce or cancel export tax breaks for select aluminum and copper products. The … Read more