Metal and Mining    
SECTOR | 21 Oct 2021
Aluminium industry is still grappling with coal shortage. Here's what industry insiders have to say
Aluminium industry is still grappling with coal shortage. Here's what industry insiders have to say
Business Today
In the wake of the curtailed supply of coal to the non-power sector, the aluminium industry is forced to draw expensive power from the grid.
ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.
Metal and Mining    
SECTOR | 20 Oct 2021
Business Line
Almost all constituents of BSE Metal index closed in the red
ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.
Metal and Mining    
SECTOR | 18 Oct 2021
Metals: Bulls seem to have an upper hand over Bears
Metals: Bulls seem to have an upper hand over Bears
Business Standard
Demand-supply scenario is favourable and should keep prices elevated
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ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.
Metal and Mining    
SECTOR | 18 Oct 2021
Metal index hits record high; Hindustan Zinc, Vedanta, Nalco gain up to 18%
Metal index hits record high; Hindustan Zinc, Vedanta, Nalco gain up to 18%
Business Standard
The Nifty Metal index surpassed its previous high of 6,079.55 on October 14, 2021.
ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.
Metal and Mining    
SECTOR | 15 Oct 2021
Metals keep surging as supply cuts fuel inflation worry
Metal and Mining    
SECTOR | 11 Oct 2021
Global energy crisis piles pressure on aluminium supply
Global energy crisis piles pressure on aluminium supply
Business Standard
Aluminium rose as much as 2.5% to $3,040 a ton on the London Metal Exchange Monday, the highest since July 2008.
ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.
Metal and Mining    
SECTOR | 11 Oct 2021
ICICI Securities Limited
During Q2FY22E, base metal prices (except copper) improved both QoQ and YoY. During the quarter, average zinc prices on the LME were at US$2991/tonne, up 28% YoY, 3% QoQ, while average lead prices were at US$2332/tonne, up 25% YoY, 10% QoQ. Similarly, during the quarter, average aluminium prices on the LME were at US$2646/tonne, up 55% YoY, 10% QoQ while average copper prices on the LME were at US$9382/tonne, up 44% YoY, but down 3% QoQ. Aggregate EBITDA margins to increase QoQ, YoY...
ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.
Metal and Mining    
SECTOR | 08 Oct 2021
Ratnamani Metals gains 4% on Rs 98 crore order win from oil & gas sector
Ratnamani Metals gains 4% on Rs 98 crore order win from oil & gas sector
Business Standard
The recent order win would aid the company to register 25 per cent CAGR revenue growth in FY21-23E, brokerage ICICI Securities said
ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.
Metal and Mining    
SECTOR | 07 Oct 2021
Prabhudas Lilladhar
We expect EBITDA of our coverage universe to grow 11% QoQ on back of higher volumes. Steel realisations would grow by 2.3% QoQ/Rs1,550/t. While costs are expected to increase by 8.2% QoQ/Rs3,365/t due to higher coal cost. Sales volume is expected to grow by 18% QoQ due to unleash of pent-up demand with lockdown relaxations. Owing to higher costs partially offset by increase in realisations, EBITDA margins of steel companies under our...
ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.
Metal and Mining    
SECTOR | 24 Sep 2021, 06:53PM
Market Movers: Metal pack burdened by China; reopen trades see profit-booking
Market Movers: Metal pack burdened by China; reopen trades see profit-booking
Economic Times
The Nifty Metal index closed nearly 2 per cent lower, the worst sectoral performer on the National Stock Exchange, after several prominent broking firms and global rating agencies slashed their growth outlook for China because of a churn in the country's property market.
ICICI Securities Limited released a Sector Update report for Metal and Mining on 11 Oct, 2021.