Tag: metals
Metals & mining sector outlook: Steel companies to see near-term headwinds, says BofA; raises target for Vedanta
The foreign brokerage firm continues to maintain its cautious view on India steel given elevated raw material costs especially coking coal and continued weakness in [Read more about this post…]
Gold futures look to score their biggest daily gain since mid-December
Gold futures rallied Friday, prompting prices to turn higher for the week, as U.S. and U.K. airstrikes in Yemen, in response to Houthi rebel attacks [Read more about this post…]
Nifty: Nifty companies’ Dec quarter profit may grow in double digits by StuffsEarth
Mumbai: India’s top 50 listed corporates are expected to report double-digit year-on-year growth in aggregate net profit for the third consecutive three-month period, ETIG estimates [Read more about this post…]
Metal stocks offer growth opportunities, says Jefferies; upgrades JSW Steel, maintains ‘buy’ on Coal India
Global brokerage Jefferies said in a report that its global metals team is cautiously optimistic for 2024, citing stability in China and a positive macro [Read more about this post…]
Posco shares climb in Seoul on joint-venture semiconductor project
Posco Holdings’ shares climbed after the steelmaker unveiled a joint venture project to produce rare gases for making semiconductors in South Korea. Posco KR:005490 rose [Read more about this post…]
Why 2023 was a tough year for commodities even as gold and orange-juice prices hit records
A number of commodities made notable moves in 2023, with gold and frozen orange-juice prices reaching record highs, but key commodities indexes are on track [Read more about this post…]
Silver’s window of opportunity is closing, with prices poised for an ‘explosive move’ in 2024
Silver prices could be headed for an “explosive” rise in 2024 if global supplies continue to outpace demand, and the Federal Reserve makes good on [Read more about this post…]
