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Domestic demand growth rate of non-ferrous metals is expected to remain healthy at about 9% for the next two financial years and the domestic demand growth is likely to outpace the expected rate of global demand growth, according to rating ...
The improved demand and supply-side issues helped the prices of non-ferrous metals to remain high during 2021 and it is expected to continue in CY2022, according to rating agency ICRA.This is despite a downside risk with respect to prices, including ...
Metal index was badly battered as heavyweights like Tata steel, Jindal Steel and SAIL, etc. fell between 6 to 8% on a weekly basis. Nifty Metal dropped 3.3% and BSE Metal lost 3.5%.The steel industry has been impacted due to ...