Page 2 - Metal Prices

WPI inflation eases in sync with retail, but core spikes in December

Softens to four-month low of 1.22% in December from 1.55% in November as food items enter deflationary zone; core inflation at 2-year high of 4.2%

Improving outlook can bring back shine in Hindustan Zinc

Rebounding zinc and firm silver prices will add to gains from rising production

Easy money makes metals shine despite economic shock caused by Covid-19

Analysts say easy liquidity and China demand are driving metal prices up

Domestic non-ferrous outlook negative as global metal prices crash: Icra

Covid-19 outbreak drags aluminium prices by 16%, zinc by 23%, copper by 20%

Secondary metal producers crumble under lockdown, shipping cos add to woes

Scrap imported at lower prices stuck at ports, finished goods lying at factories with no transport available; shipping firms make hay by charging huge sums for storage at ports

Metal prices likely to remain volatile over coronavirus concerns

Analyst reports suggest that margins are likely to contract from the first quarter

Lower prices, production take sheen off Hindustan Zinc's Q3 performance

In Q3, the average zinc prices on the London Metal Exchange at $2,388 a tonne was down 9 per cent year-on-year (YoY); sequentially, it was up marginally by 2 per cent

Trade war to slowdown in demand: Margin pressure on metals to continue

The sector was a laggard even on the net profit front as falling prices and weak global demand put pressure on realisations

Global non-ferrous metal prices may not correct further: Icra report

The agency said the global aluminium market has remained in deficit for the last six quarters because of capacity cut backs in China

Rising metal prices push up engg exports

Iron and steel and products account for nearly 24% of engineering exports in the current financial year

Higher metal prices to erode India Inc's margins

Metal prices are up nearly 22% on average during the year so far, pushing up manufacturing costs for Indian companies