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Global copper market set for surplus by 2027 as supply outpaces demand: ICSG

25-April-2026

Global copper market set for surplus by 2027 as supply outpaces demand: ICSG

Copper production to grow 2.3% globally by 2027 outlook Global expansions and projects to strengthen copper supply growthGlobal copper mine production is projected to reach 24 mnt in 2026, reflecting 1.6% growth, and is expected to rise further to a...

Global: Nickel market to swing into deficit in 2026 as Indonesia rewrites the balance

25-April-2026

Global: Nickel market to swing into deficit in 2026 as Indonesia rewrites the balance

Market shifts from surplus to deficit year-on-year Indonesia policy reset reshapes global cost curveA market that entered 2026 burdened by a 283,000-tonne surplus is being reshaped-quarter by quarter - by Indonesian quota cuts, a revised ore-pricing...

India's nickel consumption shifts in FY'26; scrap, semis usage rises as primary inputs lose ground

24-April-2026

India's nickel consumption shifts in FY'26; scrap, semis usage rises as primary inputs lose ground

NPI, FeNi imports plunge y-o-y amid nickel price volatility Slab imports surge 82% as mills focus on cost optimisationIndia's nickel consumption in FY'26 reflects a strategic realignment rather than a demand slowdown. Total nickel content consumptio...

Global aluminium scrap trade volumes rise in CY'25, tightening supply to shape market outlook

21-April-2026

Global aluminium scrap trade volumes rise in CY'25, tightening supply to shape market outlook

India remains key driver of aluminium scrap demand China's scrap imports reach 5-year high in CY'25Global aluminium scrap trade volumes, including intra-European trade, increased to 12.33 mnt in CY'25 from 11.90 mnt in CY'24, reflecting a 4% y-o-y r...

India: Brass honey scrap imports rise 11% y-o-y in CY'25 amid steady Jamnagar demand

16-April-2026

India: Brass honey scrap imports rise 11% y-o-y in CY'25 amid steady Jamnagar demand

India's fragmented, informal recycling ecosystem limits domestic generation Germany remains leading supplier, supported by its strong industrial baseIndia's imports of brass honey scrap rose 11% y-o-y to 0.13 million tonnes (mnt) in CY'25, reinforci...

India's zinc demand rises at 8% CAGR in 2021-25 on galvanising growth, infrastructure push

16-April-2026

India's zinc demand rises at 8% CAGR in 2021-25 on galvanising growth, infrastructure push

Zinc consumption outpaces production growth, imports jump Battery, die-casting segments post fastest growth amid low base India's per capita consumption remains far below global averagesMorning Brief: India's zinc consumption grew at a compound annu...

Can India become a global green aluminium exporter in future?

14-April-2026

Can India become a global green aluminium exporter in future?

Green aluminium transition still at early stage Power shift critical for global competitivenessIndia's aluminium industry is entering a defining phase where its ambitions extend beyond domestic growth. The real opportunity lies in whether India can ...

Iran's largest aluminium plant hit hours before ceasefire announcement

14-April-2026

Iran's largest aluminium plant hit hours before ceasefire announcement

Escalation follows earlier strikes on Gulf smelters Petrochemical complex also hit in aerial strikeJust hours before the official announcement of a two-week ceasefire in the ongoing US-Israel and Iran conflict, Iranian media reported targeted strike...

Hindustan Copper Limited (HCL) hits 7-year high output; bold expansion plans take shape

14-April-2026

Hindustan Copper Limited (HCL) hits 7-year high output; bold expansion plans take shape

HCL achieves record production and operational growth in FY'26 Expansion plans accelerate amid rising copper import dependenceHindustan Copper Limited (HCL), Indias only integrated copper mining company, reported a strong operational performance in ...

India: Aluminium ADC12 prices surge m-o-m in Apr'26 as input costs rise, supply tightens

14-April-2026

India: Aluminium ADC12 prices surge m-o-m in Apr'26 as input costs rise, supply tightens

India ADC12 prices surge up to 20% m-o-m in Apr'26 Wide bid-offer gaps emerge as buyers aggressively resist high offersIndia's aluminium ADC12 alloy ingot prices rose sharply m-o-m in April 2026, driven by higher raw material costs and continued str...

Weekly round-up: LME base metals rise w-o-w; Indian markets mirror positive momentum

14-April-2026

Weekly round-up: LME base metals rise w-o-w; Indian markets mirror positive momentum

Inventory drawdowns tighten global base metals supply Domestic scrap markets firm amid supply constraintsLME base metals trended higher w-o-w as of 10 April, supported by improved sentiment across the complex. Copper led gains, rising 2.59% to $12,5...

China's copper story in 2025 - from feedstock tightness to export dominance

07-April-2026

China's copper story in 2025 - from feedstock tightness to export dominance

Concentrate imports rising to feed expanding smelting capacity TC/RCs are collapsing due to intense competition for raw materialsChina's refined copper production hits record high despite tight concentrate supplyChina's refined copper production sur...

Global: Zinc mine production rises over 5% y-o-y in 2025 but raw material crunch persists

07-April-2026

Global: Zinc mine production rises over 5% y-o-y in 2025 but raw material crunch persists

Mine output rises, led by Peru, steady gains in Australia and India China produces 4.07 mnt but imports surge 30% to 2.57 mnt Smelter tie-ups, trade disruptions, refined deficit highlight concentrate tightnessMorning Brief: Global zinc mine producti...

Global Copper Concentrate Shortage Drives TC/RCs to Historic Low

07-April-2026

Global Copper Concentrate Shortage Drives TC/RCs to Historic Low

Smelting overcapacity in China intensifies global concentrate imbalance. Global concentrate deficit expected in 2026 despite refined surplus. The global copper market is witnessing a imbalance, as tightening concentrate supply struggles to keep pace...

Recalibrating supply: Indonesia's structural shift in nickel markets

25-March-2026

Recalibrating supply: Indonesia's structural shift in nickel markets

For 2026, proposed allocations represent a reduction of 110 mnt from 2025 levels Data shows RKAB quotas have often been exceeded, raising doubts about enforecementIndonesia, the world's largest nickel producer, is engineering a sharp contraction in ...

How West Asia conflict and logistics disruptions are shaping India's aluminium market

20-March-2026

How West Asia conflict and logistics disruptions are shaping India's aluminium market

Domestic prices rise sharply along with global benchmarks Scrap supply tightens across Gulf dependent routesThe initial impact of the West Asia conflict has already been visible in global aluminium prices and supply risks. What is now unfolding is t...

Copper scrap imports hit 1-year low in Feb'26 amid seasonal slowdown

17-March-2026

Copper scrap imports hit 1-year low in Feb'26 amid seasonal slowdown

Holiday closures in Jan slow scrap collection in major exporting regions Buyers delay bookings ahead of Budget amid tariff change expectations.India's copper scrap imports fell 27% m-o-m to 25,700 tonnes (t) in February 2026 from 35,000 t in January...

Why is India primary aluminium industry one of the most emissions intensive in the world?

14-March-2026

Why is India primary aluminium industry one of the most emissions intensive in the world?

Around 80% of emissions are from captive thermal power India much lower than global average energy and CO2 intensity CCTS targeting incremental emissions reduction from primary productionMorning Brief: India is the second largest aluminium producer ...

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