Moneycontrol PRO
you are here: HomeNewsOpinion

Hindalco’s copper business to give a helping hand

An increase in the fees earned by copper smelters is welcome news as the aluminium business comes under pressure

September 28, 2022 / 03:29 PM IST
Hindalco’s copper business to give a helping hand

Representative Image

The news for a primary aluminium producer such as Hindalco Industries is not good. The white metal’s price is down 45 percent from its recent peak in February and is also down 26 percent over a year ago. That’s a steep cut in prices that cannot be made up by a decline in costs. But, Hindalco should benefit from lower coal costs, due to a higher share of linkage coal pursuant to the power plant stock shortage coming under...

  • PRO Panorama

    Moneycontrol Pro Panorama | Is a geopolitical thaw in the making? Markets are not holding their breath

    Dec 2, 2022 / 03:24 PM IST

    In today’s edition of Moneycontrol Pro Panorama: China unrest is bad news for Xi Jinping, Jet Airways' future looks cloudy, fuel prices and politics do not mix, all that glitters is gold, and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers