In Non-ferrous space: Zinc and Lead rose by 2% mom and 6% mom, respectively whereas Copper fell by 4% mom. Aluminium prices remained flat at US$2111/tonne. Silver and Gold witnessed trend reversal and fell by 6% mom and 3% mom, respectively. One Belt One Road to create demand for 150mt steel, enough to keep China's steel mills rolling for next 10 years at the current rate of production, as per a study by BHP. This, along with China's war on pollution has kept steel prices sentimentally positive. In India, on the contrary, steel prices for both flat and long products fell by 6% mom and 4% mom while Iron Ore prices remained stable. We continue to prefer Non-ferrous...