manufacturing activity

copper prices: Domestic copper at lifetime highs; factors affecting the price surge

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A broad advance in industrial metals took domestic copper prices to record levels last week. A firm overseas market due to fresh Chinese stimulus measures, concerns over tightness in global mine supply, and hopes of strong green demand boosted prices. In the key domestic MCX futures, prices of copper are hovering near Rs 900 a … Read more

manufacturing activity: US manufacturing activity expands at fastest pace since 2022

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US manufacturing activity expanded at the fastest pace since September 2022, powered by stronger orders growth and suggesting producers are breaking out of an extended slump. The S&P Global flash February purchasing managers index advanced to 51.5 from 50.7. Readings greater than 50 indicate expansion and, while only modest, the gauge has shown growth in … Read more