The Chinese government infused $250 billion last week to support the economy, which was hit by the coronavirus outbreak
Outbreak has led to a fall in base metal prices; production ramp-up in oil & gas and zinc biz crucial, say analysts
Since April, metals are down by nine to 23%
The decline in base metals' prices is set to affect the profitability of their primary producers in the July-September quarter
Rising volumes to boost earnings, say analysts
Coal, iron ore and steel might see some moderation in the first quarter of 2018
The higher prices also boosted volumes of hoarded scrap entering the supply chain
Among base metals, zinc was the flavour of 2016, with prices up 60% due to a demand-supply mismatch
Improving manufacturing PMIs of major economies is a positive sign for global base metal demand
Vedanta, Hindustan Zinc, NMDC could gain further
Non-ferrous metals jumped by up to 12.39% in the past one month, on hopes of a pick-up in global industrial activity
Analysts hope next hike possible in September on weak job data, supportive for industrial metals
Indications of interest rate hike earlier than previously expected prompt sell-off in metals, marginal recovery seen in short term
Traders said sentiment turned bearish after zinc dropped for a second day in global markets after entering a bull market on Tuesday, as most industrial metals fell along with stock markets and oi