Why does India stay a ‘worth taker’ within the international metals market?

The copper market has skilled important volatility as a consequence of macroeconomic components, notably China’s affect and the U.S. Federal Reserve’s insurance policies. With China consuming practically 50 per cent of world copper manufacturing, its financial well being, particularly within the housing sector, closely influences copper costs. On this State of the Financial system podcast,businessline’s … Read more

Base Metallic Costs in 2023: Components Impacting the Market Outlook and Future Traits

A stellar rally in 2021, adopted by the Russia-Ukraine struggle, noticed steel costs peaking within the first quarter of 2022. Nonetheless, costs tumbled thereafter. Aggressive charge hikes from the US Federal Reserve, robust greenback and weak demand dragged the costs decrease. However issues began to show round within the final quarter of the calendar yr … Read more