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Long-term demand for base metals to remain positive: ICRA

Long-term demand for base metals to remain positive: ICRA

Friday, April 7, 2017, 8:26 PM

"In the long-term, demand of base metals in India remain positive, driven by investments in infrastructure projects for the power transmission and distribution sector, urban housing and smart city programmes of the government," ICRA said. The growth in consumption for aluminium, copper and zinc remained healthy in the first nine months of the financial year 2017 at 10%, 8% and 7%, respectively.
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