EBITDA at both copper and aluminium divisions beat estimates: Aditya Welekar
“Aluminium is a dollar denominated commodity. In the US, the trade rates are expected to peak out. From that perspective, aluminium will have some support as it is dollar denominated because it is inversely related to our dollar index. But at the same time, in China, the supply from Yunnan region is picking up and because of the supply surplus, aluminium prices have not picked up the way it was expected. “
