Contrary to Street apprehensions, the recovery in steel sector demand and prices has led to a sharp recovery in the zinc market and realisations per tonne. During the September 2020 quarter, LME zinc prices averaged at around $2340 a tonne, up 19 percent on a quarter-on-quarter basis. This is also reflecting in the financial performance of companies like Hindustan Zinc, with strong growth in revenue and profitability. Interestingly, the company indicated that the second half of the current fiscal...
Moneycontrol Pro Panorama | Rate hike looming, heat is on retail investors
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Read NowMoneycontrol Pro Weekender | People’s Bank of China rides to the rescue
May 21, 2022 / 10:10 AM IST
The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth
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