India could end its reliance on imported refined copper as early as this year, as new domestic smelting capacity and expansion projects begin narrowing the supply gap, according to Hindalco Industries (NSE: HINDALCO) managing director Satish Pai.
copper production
Copper Prices 12% off from 2021 high – Neal Bhai
This year is done and it has been very volatile, especially for copper prices and they were at an all-time high this year. Today is a good day because there has been a decline in the US dollar, but the prices are off 12 percent from their highs this year.