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COPPER SCRAP
'AC wasn't faulty': Woman spends years fixing her Rs 40,000 AC until a mechanic reveals why the repairs never workedA woman says she spent years repairing her Rs 40,000 air conditioner after repeated cooling failures and gas leaks, believing the machine i...- The aluminium boom is here: Why Morgan Stanley says Hindalco is set to explodeMorgan Stanley initiated coverage on Hindalco Industries with an ‘Overweight’ rating and a target price of Rs 1,325, citing a favourable al...
- Hindalco Q4 Results: Profit falls 51% YoY to Rs 2,597 crore; co declares Rs 5 dividendHindalco Q4 Results: Hindalco on Friday reported a 51% year-on-year (YoY) decline in its consolidated net profit at Rs 2,597 crore in the f...
- Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
- India's top copper producers like Adani, Vedanta and Hindalco oppose inclusion of scrap-based rods in standardsIn a major dispute, leading copper producers like Adani and Vedanta are opposing the inclusion of copper wire from secondary refiners in go...
- India–New Zealand sign 'once-in-a-generation' FTAIndia and New Zealand signed a “once-in-a-generation” free trade agreement on Monday that gives New Delhi duty-free access to 100% of tarif...
- Vedanta, Hindalco just got upgraded by JP Morgan: How Iran war may benefit these 2 metal stocksJPMorgan upgraded Hindalco Industries and Vedanta to overweight, citing higher aluminium prices driven by West Asia tensions. The move boos...
- Gujarat Victory Forgings files draft IPO papers with Sebi, check detailsGujarat Victory Forgings has filed its draft red herring prospectus (DRHP) with market regulator Sebi for its initial public offering (IPO)...
- Scrap copper was piling up in the US. Now it can finally moveUS and China trade war caused chaos in the copper scrap industry. A mountain of scrap metal piled up in Salt Lake City. The truce between t...
- Protecting India’s electrical industry: Imperative for an efficient copper recycling regimeThe influx of low-grade scrap may harm manufacturing standards and pose environmental and health risks from improper processing.
- Budget 2025: Import of copper scrap may soon turn duty freeUnion Budget: The Indian government is considering the removal of the 2.5% concessional basic customs duty on copper scrap to benefit domes...
- Sunlite Recycling Industries shares list at 90% premium over IPO priceSunlite Recycling Shares Price: Sunlite Recycling Industries' shares listed at a 90% premium on NSE SME, opening at Rs 199.5 per share comp...
- Big copper makers at war with smaller cos over customs dutySecondary producers seek reduction in duty on copper cathode & copper scrap while large players want it to remain at 5%.
- EEPC India seeks copper scrap policy to curb inferior quality importsDomestic industry relies heavily on imports of copper concentrate from far off countries, particularly from South Africa in a big way.
- Copper firms up sustained demand, takes cues from global sceneCopper prices firmed up at the non-ferrous metal market here today on heavy stockist buying amidst consistent demand from industrial users.
- Copper strengthens on increased industrial demandCopper prices rose by Rs 2 per kg on the local non-ferrous base metals market today on increased demand from consuming industries.
- Copper weakens on global cuesCopper prices fell by Rs 2 per kg on the local non-ferrous metal market today largely in line with a weak global trend.
- Nickel, tin prices rise on sustained demandWhile, select copper, brass, aluminium, zinc and lead all eased due to lower demand from industrial users.
- Base metals extend fall on subdued demandBase metals prices extended its fall at the non-ferrous metal market here today on sustained stockist selling amidst lower industrial deman...
- Nickel recovers on fresh demandIn a limited trade, nickel, zinc, brass utensils scrap and copper sheet cutting prices recovered modestly at the non-ferrous metal market
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