Benchmark pricing not a factor with more important cost-discipline in place: Hindustan Copper CMD
Hindustan Copper’s chief executive officer highlighted that internal cost discipline outweighs benchmark pricing in the company’s strategy. He pointed out that the persistent gap between worldwide demand and supply could keep copper prices above the $14,000 per tonne threshold. The statement underscores the firm’s focus on managing expenses while navigating a market that may sustain elevated price levels.