26.10.2015 - Non-ferrous metal prices likely to remain low
A revival in international prices of non-ferrous metals is expected to be limited in the near term, as an uneven and mixed outlook for the major economies in the world, particularly China, is likely to keep base metal prices under check in the near term, states a recent report by ICRA. "International prices of aluminium, copper and zinc started weakening towards the end of the calendar year 2014 to reach their respective lows in the third quarter of 2015. Since then, these prices have improved by 6-7% till date for aluminium and zinc, while the increase has been higher at around 9% in the case of copper from their respective lows," says the ICRA study on non-ferrous metal industry...............................................Full Article: Source
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