Tuesday, October 29, 2024

Base metal prices up 14% in FY25 so far, domestic demand growth expected at 10%: Icra

​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.

from Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3QELBd6

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