The non-ferrous metals market in India is valued at over Rs 2 lakh crore, encompassing aluminium, copper, zinc, lead, tin, and precious metals. Prices are closely linked to London Metal Exchange (LME) rates and USD/INR exchange rates.
Major domestic producers include Hindalco (aluminium), Hindustan Copper, Hindustan Zinc, and Vedanta. India has significant import dependence for copper and aluminium scrap, while being self-sufficient in primary zinc production.

/https%3A%2F%2Fofbpublic.s3.ap-southeast-1.amazonaws.com%2Fbapp%2Fbanners%2FGet-the-Best-Deals-On-Aluminium.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Fdownload-buyer-app-1.png)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F67c063dc-fde2-30f4-9c86-d60260faf4d6_1737613420969.png)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F8a0a73a3-d8a6-3fcb-8ab7-13a0bb8b97f5_1746006918312.png)
![Shanghai Zinc: Sluggish Trading Atmosphere on the Last Trading Day Before the Holiday [SMM Midday Commentary]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_7fc208b1-db11-3c3c-8109-83a9b417abf0.webp)
![Substantial Price Spread but "Prices Without Market" - Pre-Holiday Stockpiling Nearly Halted [SMM Copper Scrap Weekly Review]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fd8c9b6de-a085-30ae-959e-22ba653d27fa_1734934112403.png)
![Spot premiums fell sharply as downstream plants took holidays over the National Day period, reducing pre-holiday restocking volumes [SMM South China copper cathode spot weekly review]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fd5c98121-4037-31ff-9cba-d2363c5291a9_1739966569961.png)
![Pre-holiday trading sluggish, spot premiums continue to pull back [SMM North China spot copper]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Ff570a6e1-297e-3ce1-aecb-c144a6cec001_1737097414016.png)
![Sparse market trading before the holiday; watch for spot inventory changes after the holiday [SMM Shandong copper cathode spot weekly review]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F5924867c-23d8-3981-807c-d689ef1fa5d4_1737090138076.jpeg)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fd8208f8a-7aa9-31af-a0ac-a757d67c7e94_1740030315577.png)
/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F89c8fada-72ad-32f2-ac30-bdd6d029346d_1742799411878.png)
![Last trading day before the holiday, market trading was quiet [SMM South China spot copper]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F175a1cab-fdd8-3b92-bc16-d06aeda53260_1737350370102.png)
![Holiday Approaches, Market Quiet [SMM Yangshan Spot Copper]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F81eaac17-94f0-3a9f-b07a-ade40d949016_1741672471935.png)
![[SMM Analysis] India Brass Billet Prices to China Fall as LME Copper Dips and Chinese Demand Weakens](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F29b1afeb-4b00-38c4-bbd2-98050a3e002e_1737018132796.png)
![Rate Hike Expectations Fluctuate Amid Easing Tariff Trades; Copper Prices Retreat from Highs [SMM Macro Weekly Review]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_15a10e4e-3f5b-3f51-9f59-36d1128816b8.jpg)
![Tight capacity near the holiday drives premiums higher [SMM Tianjin zinc spot weekly review]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2Fupscaled_03ca335b-00bb-355b-82ba-7095451db6f5.jpg)
![Chile mine labor risks heat up, imported copper concentrate TCs continue to fall [SMM Copper Concentrate Spot Weekly Review]](https://d86af0gufpxog.cloudfront.net/unsafe/134x200/filters:format(webp)/https%3A%2F%2Fd3dhalnpawfxbg.cloudfront.net%2Fproduction%2Fbidassist%2Fnews%2Fimages%2F1e201371-c868-39e5-9c90-4780dae5b7b6_1747824594575.png)
![[SMM Analysis] Tibet Zabuye Lithium's 10,000 mt Battery-Grade Lithium Carbonate Production Line Officially Launched](https://d86af0gufpxog.cloudfront.net/unsafe/65x65/filters:format(webp)/https%3A%2F%2Fejatlas.org%2Fmedia%2Fconflict%2Fgyama-mine-landslide-in-tibet%2FGyama_rescue.jpg)
/https%3A%2F%2Fwww.imeche.org%2Fimages%2Fdefault-source%2Fpe-news%2Fistock-169940996.jpg%3Fsfvrsn%3D0)
/https%3A%2F%2Fassets.bwbx.io%2Fimages%2Fusers%2FiqjWHBFdfxIU%2FigbeVoWQDGVo%2Fv1%2F-1x-1.jpg)
/https%3A%2F%2Fm.foolcdn.com%2Fmedia%2Fdubs%2Foriginal_images%2Fnickel-ingots.jpg)
/https%3A%2F%2Fwww.livemint.com%2Flm-img%2Fimg%2F2024%2F03%2F14%2F1600x900%2Findia_1657132117069_1710377036957.jpg)
/https%3A%2F%2Fm.economictimes.com%2Fthumb%2Fmsid-95319122%2Cwidth-1200%2Cheight-900%2Cresizemode-4%2Cimgsize-305048%2Fcopper-miners-have-an-opportunity-to-emerge-as-leaders-in-a-critical-transition.jpg)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Frupee_emoji.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Frocket_emoji.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Fearth_emoji.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Ffactory_emoji.png)
/https%3A%2F%2Fd5nfy7n2jvqm2.cloudfront.net%2Fbuyerfe%2Fhome_banner_01.png)