Metal and Mining share price target

We launch our Ferrous Chartbook to track key global supply and demand drivers for the steel sector

Logistics: Expert call - Knight Frank on warehousing. Metals & Mining: Aluminium - Key takeaways from China aluminium webinar

We attended a webinar hosted by Antaike, a leading Chinese metals information provider

During Q1FY22, base metal prices improved both QoQ and YoY. During the quarter, average zinc prices on the LME were at US$2916/tonne, up 48% YoY, 6% YoY, while average lead prices were at US$2129/tonne, up 27% YoY, 6% QoQ. Similarly, during the quarter, average aluminum prices on LME were at US$2401/tonne, up 60% YoY, 15% QoQ while average copper prices on the LME were at US$9696/tonne, up 81% YoY, 14% QoQ. Aggregate EBITDA margins to increase QoQ as well as YoY Given the lower base of Q1FY21, on a YoY basis for Q1FY22E the earnings...

expected to fall sharply by 15% QoQ due to demand impacted by lockdowns and lower exports. Led by higher realisations, EBITDA/t would expand by 24% QoQ to Rs25,860 for our coverage universe. would remain elevated in wake of restricted supplies. Margins would soften in...

expected to fall sharply by 15% QoQ due to demand impacted by lockdowns and lower exports. Led by higher realisations, EBITDA/t would expand by 24% QoQ to Rs25,860 for our coverage universe. would remain elevated in wake of restricted supplies. Margins would soften in...

We hosted a call with the IR team of Rusal, the world's largest aluminium producer outside China with a global footprint across 20 countries

In Q4FY21, base metal prices improved both QoQ as well as YoY. During the quarter, average zinc prices on the LME were at US$2749/tonne, up 29% YoY & 5% YoY while average lead prices were at US$2011/tonne, up 9% YoY, 6% QoQ. Similarly, during the quarter, average aluminium prices on LME were at US$2096/tonne, up 24% YoY, 9% QoQ while average copper prices on the LME were at US$8501/tonne, up 51% YoY, 18% QoQ....

production. While, sales volumes are expected to fall 3% QoQ (+1.5% YoY) domestic demand, India's steel production grew 2.2% YoY at 18mnt. Production in EU remained flat at 25.3mnt. Impacted by slow restart of steel mills, production in...

production. While, sales volumes are expected to fall 3% QoQ (+1.5% YoY) domestic demand, India's steel production grew 2.2% YoY at 18mnt. Production in EU remained flat at 25.3mnt. Impacted by slow restart of steel mills, production in...