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Sumitomo cuts Q4 forecast

Japanese trading firm Sumitomo Corp has cut its LME forecast for aluminium prices to $1,800 in the October-December quarter from its January estimate of $2,000 due to rising exports from China and a stronger US dollar, according to a piece published by Reuters.

Posted 24 August 2015

BIS order will hit Indian packaging

The Bureau of Indian Standards’ (BIS) quality control order on tin plates issued in April will affect India’s metal packaging industry.

Posted 13 August 2015