CHINA’S COPPER CLAMPDOWN SETS STAGE FOR A WINDFALL FOR INDIAN PRODUCERS?

India’s major copper producers—Vedanta, Hindustan Copper, and Hindalco—are poised for a substantial improvement in profit margins following China's decision to suspend two million metric tonnes of copper smelting capacity.

- Manoj Yadav

As the world’s largest buyer, consumer, and processor of copper, China's move has triggered expectations of tighter global supply and firmer prices, placing Indian companies in a favourable position.