Metal prices continue to soften: Emkay

Emkay Global Financial Services has come out with its report on metal sector.

April 05, 2012 / 13:59 IST

Emkay Global Financial Services has come out with its report on metal sector.

Ferrous metals, as expected, started softening over the past fortnight, as global steel capacity utilization jumps to ~80%; Chinese January production revised up by 9%. Non ferrous metals also saw some weakness due to rise in inventory, concerns on Chinese demand and weakening European economic data

first published: Apr 5, 2012 12:57 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347