Presenting Partner

Life Insurance Corporation of India


Budget 2022

Associate Partners:

  • Kotak Mutual Fund
  • Pharmeasy
  • Indiabulls
  • SBI

Presenting Partner

Life Insurance Corporation of India


Budget 2022

Technology Partner

Dell Technologies

Associate Partners

Kotak Mutual Fund

Navigate the metal space with care. This is why

Investors need to track developments in China since it’s one of the largest producers and consumers of ferrous and non-ferrous metals

December 03, 2021 / 12:32 PM IST
Navigate the metal space with care. This is why

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

In the ferrous metal space (iron and steel), steel production in 64 countries, as reported by the World Steel Association, was at 145.7 million tonnes (MT) in October 2021 -- a decline of 11 percent year on year (YoY). This was largely led by China, where production was down 23 percent. The rest of the world saw an increase in production. In January-October 2021, steel production remained flat in China, while India, Japan and the US saw a near 20...

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