January 25, 2025

In its December review, Fitch Ratings has revised its iron ore price forecast for 2024, raising it to $110 per tonne. This adjustment comes as the international rating agency acknowledges higher prices for the raw material throughout the…

The copper market is undergoing a transformative period as global demand rises sharply, driven by green energy initiatives, electric vehicles (EVs), and expanding infrastructure needs. 

Copper is expected to face significant challenges in the coming year as additional US trade tariffs from the Trump administration and economic uncertainties in China weigh on consumption and prices, according to Citigroup Inc.

Following the post-Covid metals rally, the domestic steel industry accomplished the rare feat of maintaining above 80% capacity utilization rates, a robust investment pipeline, and manageable leverage levels for three consecutive years from…

Global aluminium demand is set to rise nearly 40% by 2030, calling for the production of an additional 33.3 million metric tonne (Mt) to meet the needs of expanding industries worldwide. 

India’s steel industry is poised for a remarkable growth trajectory in fiscal year 2024-25 (FY25), as per the latest revisions made by the credit rating agency ICRA. The firm has upgraded its steel demand growth forecast