Project News Details
Title
Base metal prices up 14% in FY25 so far, domestic demand growth expected at 10%: Icra
Detail
​ICRA projects a total debt/OPBDITA ratio of 1.6 times and an interest coverage of 6.9 times for FY2025, marking an improvement from 1.9 times and 4.9 times, respectively, in FY2024. Kadam added that the current supply-demand dynamics are conducive to sustaining firm metal prices in the near term.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
29.10.2024
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