The S&P BSE Metal index is pointing towards a recovery in the metals segment. The index has jumped 22.4 per cent in the past three months, outperforming the benchmark Sensex by a wide margin.
Steel companies have been increasing prices in this period, after hitting bottom. Base metal companies are also hoping for a demand revival and an improvement in order books.
In the past one month, the London Metal Exchange (LME) is up 4.8 per cent, while prices of other metals like steel and iron ore are up 3.5 to 5.8 per cent.
Zinc heading for a supply shortfall
Major economies such as

)