#Metals

Oversupply has started in the sector followed by steep price rise...

Be invested in companies which have solid pricing power in the sector

Phase1 of bull cycle is expected to be over in next few weeks...

#copper : Glencore to restart operation at Mutanda copper mine
- Chile introduces progressive taxes on copper sales from 2024,highest bracket at 75%.Approvals from senate & Govt awaited
- #China state council demand curb of unreasonable #price rise bulk #commodities
#metals

As per Bloomberg, the city of Tangshan, China's top steel making hub, has started the implementation of 30% cut in steel output. The output cuts will run from July 2 to Dec 31.
Tangshan accounts for 13% of China's steel output.
#steel #metals #stocks

CHINA TO BOOST ECONOMIC DEMAND, SPEED UP INFRASTRUCTURE - CHINA MIN

#BIGBREAKING

#METALS

#TATASTEEL
#JSWSTEEL

CHINA SAYS : DOMESTIC INFLATION LIKELY TO QUICKEN SLIGHTLY LATER THIS YEAR AND EARLY 2023.

#METALS
#COMMODITIES

CHINA'S INDUSTRY MINISTRY SAYS TO RELEASE CARBON PEAKING PLAN FOR NONFERROUS METALS AND BUILDING MATERIALS INDUSTRIES IN NEAR FUTURE.

#metals

#tatasteel
#hindzinc

#BreakingNews

CHINA RESUMES RESIDENTIAL PE FUNDS TO BOLSTER REAL ESTATE - BBG #METALS

CHINA'S HOME SALES BY FLOOR AREA JUMPED 83.9% YOY AND 73% MOM #BREAKING #METALS

CHINA WEIGHS BROAD STIMULUS WITH PROPERTY SUPPORT, RATE CUTS

#BIGBREAKING

VIA BLOOMBERG

#METALS

#JSW
#TATA
#SAIL

CHINA WILL TAKE MORE ACTION TO REVITALIZE PROPERTY SECTOR - ACCORDING TO REUTERS
#METALS

Market opens higher, #metals emerge as top Nifty gainer

#Metals spike on LME after #Russian supply hit by US, UK sanctions

#Metals recover, JSW Steel more than 3% off lows

US, UK impose sanctions on Russian metal on exchanges