Robust prices, resilient domestic demand to drive performance of domestic base metal cos in FY'25

According to ICRA's latest research, 'international base metal prices rose by 12-14% in 7M FY2025 compared to the same period last year'

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Robust prices and resilient domestic demand will drive the performance of domestic base metal companies in the ongoing financial year, rating agency ICRA said on Tuesday.

Base metals are non-ferrous industrial metals including copper, aluminum, lead, nickel, tin and zinc.

According to ICRA's latest research, "international base metal prices rose by 12-14 per cent in 7M FY2025 compared to the same period last year".