<tr id="ix2tv"></tr>

    <code id="ix2tv"></code>

    <del id="ix2tv"></del>
    <thead id="ix2tv"><address id="ix2tv"></address></thead>
    <pre id="ix2tv"></pre>
     Sign in | Join us  
          
     Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
    Home -- Information


      Featured Companies
     • Zhengzhou Haixu…
     • FanaTech Engineering…
     • ZhongBang Abrasives…
     • FanaTech Engineering…
     • Henan Hexing Mineral…
     • Dragon Abrasives…
     • Xiamen Make Security…
     • Extrude Hone Shanghai…
     • Ashwin Impex
     • Shandong Sleo Chemical…

     Print  Add to Favorite
    Custom your font size:     

    Nalco Shares Gain Over 13% After Alumina Prices See Sudden Spike


    Post Date: 27 Sep 2017    Viewed: 1963

      A sudden surge in alumina prices, which have reportedly shot up 15 percent in the past few sessions. It must be noted that the company gets a bulk (almost 80 percent) of its EBITDA from it alumina business.

    Shares of National Aluminium Company (NALCO) gained around 13 percent intraday on Thursday as investors cheered the potential financials boost for the company.

      Investors cheered the rising aluminium prices, which was largely on the back of supply cuts in China as well as and shortage of supply in the markets of US and European Union (EU), according to a report in The Economic Times.

    Further, CNBC-TV18 reported that while this was the reason in the stock’s gain in the recent past, a sudden surge in alumina prices, which have reportedly shot up 15 percent in the past few sessions. It must be noted that the company gets a bulk (almost 80 percent) of its EBITDA from it alumina business.

      The channel also reported that the prices must have risen on the back of a bauxite shutdown in China and increase in caustic soda.

      The stock has gained over 21 percent in the past one month, while its three-day gain stood at 14 percent.

    At 14:59 hrs National Aluminium Company was quoting at Rs 83.75, up Rs 9.65, or 13.02 percent on the BSE. It touched a 52-week high of Rs 84.15.


    Superhard Material of China

    Superhard Material of China

    Abrasives and Grinding Products of China

    Abrasives and Grinding Products of China

    Coated Abrasives of China

    Coated Abrasives of China

    Chia International Abrasives & Grinding Exposition

    China International Abrasives & Grinding Exposition

    Home | About Us | Members | Contact | Advertising Quotation
    Supported by Yuanfa Information Technology co.,Ltd
    Copyright ©Abrasivesunion 2006. All rights reserved
    Page rendered in 0.0599 seconds
    备案序号:豫B2-20100036-2
    2020年最新国产精品正在播放欧美色欧美亚洲高清在线视频伊人色啪啪天天综合久久网小草免费高清在线观看视频