Metals Futures Prices

Domestic steel production capacity is expected to touch 300 MT and crude steel production is likely to reach 255 MT by FY31, he said.

The network providing 2G services serves nearly 200 million customers in the country.

The company expects to phase out the production at the mill during third quarter this year.

Meantime, the conviction in savings account and cash deposits as a good long-term investment increased slightly during the current year.

The world refined copper output increased significantly by 7.5% during the initial three-month period in 2023.

The U.S. produced 6.6 Mt during the month, down by 5.3% year-on-year.

In the Non-Hallmarked category, the 14 carat gold scrap prices were down by $ 0.59 per Oz.

309 SS and 316 SS prices registered decline by CNY 150 per MT each when compared with the prior day.

The crude steel output reported year-over-year decline in all regions across the world, except Africa, Middle East and Russia & Other CIS+Ukraine.

The European market for recycled scrap metal was worth around $38.8 billion by end-2022.