In Ferrous space, steel CIS price remained subdued and rose marginally by 1.1% MoM to US$440/tn. On the other hand, prices of Iron Ore and China HR Sheet rallied by +17% MoM and +10% MoM, respectively due to better-than-expected demand from China. Post the cyclone, as expected, Coking Coal price remained rangebound and grew by 0.2% to US$150/tonne. We don't' expect any significant change in Coking Coal prices at least till H1FY18. China PMI improved to 51.7 in June'17 from 51.2 in May'17. In Non-ferrous metals, Zinc, Lead and Copper rallied by 8% MoM, 9% MoM and 5% MoM, respectively to US$2754/tn, US$2274/tn and US$5908/tn, whereas Aluminium declined by...