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flag Industrial metals hit multi-year highs, driving price hikes in appliances and manufacturing.

flag Industrial metals including copper, aluminium, and nickel have surged to multi-year highs, with copper nearing $12,000 per tonne and aluminium surpassing $3,000 per tonne, driven by supply disruptions, strong demand from renewable energy and AI infrastructure, and global economic factors like falling interest rates and a weaker dollar. flag Manufacturers of appliances, air conditioners, and bathware are planning price increases of 5% to 12%, citing rising input costs and limited alternatives to copper. flag In India, copper prices hit nearly Rs 1,300 per kg, while brass rose 15%–18%, prompting earlier hikes. flag The Indian government has introduced mining reforms to boost domestic production and reduce import reliance amid ongoing supply constraints in China, Europe, and key exporting nations.

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