Tag: India: Copper demand soars by 13% y-o-y in FY’24

India: Copper demand soars by 13% y-o-y in FY’24, driven by growth in key sectors

Dec 13, 2024

—

by

Manya Dewangan

in Copper, Non Ferrous

Demand from net-zero transition tech surges 27% y-o-y Building and construction demand up 15% y-o-y, especially from copper wires and cables. Domestic copper demand increased by 13% y-o-y in FY’24, to 1.71 million tonnes (mnt) from 1.52 mnt in FY’23, according to the International Copper Association of India’s annual study. The data highlights that growth…