Page 3 - Metal Sector

Steel stocks shine on higher demand hopes, driven largely by exports

Analysts at BofA Securities have turned positive on the Indian steel sector due to higher steel prices and improving China's steel demand outlook

Covid-19 impact on sectors: A two-quarter wait before growth picks up

The first of a three-part series highlights the issues faced by the auto, financial services, retail, and metals sectors

Ferrous metals headed for subdued start in FY21 due to dip in auto demand

Analysts believe that strict quarantine measures to enforce lockdown will lead to demand erosion even though the supply side is facing relatively lower disruptions

Depleting factory assets, market shutdown put metal SMEs' survival at stake

These units continue to incur costs like wages and interest on loans; worse, shipping lines and container services continue to dump them with demurrage in defiance of official directives

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 shares tumble as coronavirus cases jump in South Korea, Italy

The IMF has predicted the epidemic would shave 0.1 percentage points off global growth

Coronavirus impact: China metal exporters hit by rejection, damage claims

China is the world's biggest metals consumer but also the top exporter of some industrial metals, such as steel and aluminium

Low prices, weak demand, volumes issues led to steel sector's muted Q2 show

Steel companies witnessed a contraction in margins, dragged down by lacklustre demand and lower global commodity prices

Metal cos fear other nations will gain at their cost once India enters RCEP

As a fallout of unequal trade concessions, copper imports have already grabbed a third of domestic consumption, while aluminium imports account for 60%

NMDC, Tata Steel, Vedanta: What do tech charts indicate for metal stocks?

Tata Steel, Vedanta and SAIL have seen sharp fall in their stock prices in the recent months.

US-China trade war, fragile prices hurt metal sector performance

The metals sector's depressing performance was emblematic of the country's GDP growth during the quarter

After dull 2018, no silver lining in market cap for metals sector

Hindalco, JSW Steel, Tata Steel, which are structurally sound and have low capital and costs, will do better in 2019, say analysts