Page 5 - Metal Sector

Amid key concerns, metal stocks may see soft trend in medium-term

Cloud over domestic demand, rising global supplies and high valuations are key concerns

Statsguru: Commodity supercycle may hurt India amid Covid-19 pandemic

After a year of limited activity, several economies are expecting a faster-than-usual bounce back to normal. This has led to an increase in commodity prices across the board

Q4 results: Metals & mining firms riding high on the commodity price rally

Exports jumped 126 per cent year-on-year in March to 1.29 MT, compared with a monthly average of 0.65-0.75 MT in recent times

Limited supplies and high demand may continue to boost metal stocks

The BSE metal & mining index is up 144 per cent since the end of March 2020

2020, a 'gloom, doom and boom' year for metals amid Covid-19 pandemic

While Covid-19-led lockdowns across the globe destroyed demand in the early part of 2020, a supply cut-driven rally and sharp recovery in the auto sector have emerged as big themes

Ranking on Dow Jones indices could raise investment appeal, say analysts

Contingent liability a critical parameter too, according to analysts

Atmanirbhar move: Tata Steel to source entire domestic requirement from Hind Zinc

Under the MoU, Hindustan Zinc will cater to both Tata Steel & Tata Steel BSL

Odisha govt approves investment proposals worth over Rs 1,851 crore

The projects got the go-ahead at a State Level Single Window Clearance Authority meeting chaired by Chief Secretary A K Tripathy.

India Ratings maintains negative outlook on base metals sector for H2 FY21

Agency says business disruptions led by Covid-19 likely to persist over next 6-9 months; realisations likely to remain volatile over H2 of FY21

India's metal sector severely hit by Covid-19; to see slow recovery: Report

According to the report, a severe dent in domestic demand for metals is anticipated and it will take until at least 2022-2023 to return to pre-pandemic levels

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%