Houzheng Village,Nvbu Street
Pesticides, Pharmaceuticals, Pigments, Food additives, Starch, Water-treatment, Chemicals, Metal products
Trading Company
Calle Belutini, Edificio 63-68, Urb. Prado Humboldt, Municipio Baruta, Estado Miranda, Caracas, Venezuela
Soybean, Wheat, Sorghum, Alumium Alloys, Lead Alloys
Eski Buyukdere Cad. Ayazaga Yolu, Istanbul, Turkey
Chemical, Jumbo bag
Sidman, LLC.
17 Bright Sky Ct., ; Owings Mills, Maryland, United States
1 410 654-8850
Sugar, Yellow corn, Soybean, Feed barley, Crude oil, Steel and cement
1st Floor, Cotton Exchange Building, I. I. Chundrigar Road,, ; Karachi, Sindh, Pakistan
92 21 2412946-9 & 2428190
Rice, Safety match boxes, Chrome ore, Talc, Mica, Garments, Army shoes, Army uniforms

Domestic steel prices to correct in December; cautious on non-ferrous metals: Phillip Capital

Tue, 30 Nov 2021 22:24:00

Metal stocks continue to move down with the index slipping over 2 percent on November 30. Vikash Singh, Vice President of Metals & Mining at Phillip Capital, shared his outlook on metals.

According to him, the first half of 2022 still looks good for the steel sector.

“So we are not that negative on steel as of now,” he said.

However, he expects some price correction in the domestic market.

“On steel outlook, we feel December might be a little bit weaker because we are expecting some price correction in the domestic market,” he said.

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He believes, Vedanta got supported by the news of promoters buying.

“In the non-ferrous space, they are more exposed to the global market than the ferrous space because their dependence on exports is much higher than steel. So I would be trading a little bit cautious in the non-ferrous space,” he said.

On the ferrous side, iron ore has fallen roughly about 55 percent from its peak levels.

A string of bad news on the macro front as well as the new variant of the coronavirus- Omicron has also shaken the sentiment of the investors.

On the non-ferrous side, power cost has been playing a vital role in terms of defining the end prices of aluminum as well as zinc.

For the full interview, watch the accompanying video.

Catch all market updates here.

(Edited by : Dipikka Ghosh)

Commerce House, 8 New St, ; Hull, United Kingdom
44 870 7494196
Petroleum, Commercial finance
Trading Company
Via Della Locanda 25, ; Medolla, Modena, Italy
Iron scrap, Sugar and portland 42, 5
AMC Global Trading GmbH
Corporation/Limited Liability Company
C / O. Regus, Friedrichstrasse 50, Berlin, Berlin, Germany
Tyres, Digital And Electronic Products, Yellow Corn, Soya Beans, Machinery, Wheat, Feed Barley, Rice, Cotton, Citric Acid Anhydrous, Magnesium Sulfate, Printing And Newsprint Machines, Heavy Construction Machines, Factory Machines, Construction Metals, Stand Metals, Metal Stamping, Sheet Metals, Pipe Lines, Steel
Batool Organization
Trading Company
Sheraton Heliopolis, ; Cairo, Cairo, Egypt
20 2 2671318
Cement, Acids, Cuastic soda, Nitric acid, Hydrochloric acid, Coke, Fertilizers, Minerals
whitelotus exports
Individual (Sole proprietorship)
Ullagaram, Chenai, Tamil Nadu, India
Rice, Groundnut, Chilly, Cashew, Soyameal
Sai Nee Lanka Trading
Trading Company
A1-2-5, Green Acre Park Condo, Bandar Sg. Long, Kajang, Selongor, Malaysia
Cocoa beans, Coffee beans, Coconut, And scrap metarials
No.2003 Tianlunmingzhu Building 1 Suite 2, Mingde Gate, Xi'an, Shaanxi, China, ; Xi' An, Shaanxi, China (Mainland)
86 29 82020874
Ti wires, Ti tubes, Ti plates, Ti sheets, Ti bars, Ti ingots, Titanium powder
Trading Company
No.8, Tansi Nagar, Velachery, ; Chennai, Tamil Nadu, India
91 44 22591270
Fruits, Fresh flowers, Rose, Jasmine, Metal
LAN Royal & Cia Minera Aliivaria Sa
Corporation/Limited Liability Company
Tizon Y Bueno 169 Jesus Maria Lima, Peru, Piura, Peru
Mine Silver, Mine Of Gold, Mine Cooper, Mine Iron Ore Hematita
Corporation/Limited Liability Company
Rue Du Gestion, Abj, Abj, Cote D'Ivoire
$ 00m, Rubber, Cotton
Al Saad For Engineering And Consulting
Wasfi AL Tal, ; Amman, Amman, Jordan
962 6 5524250
Soyabean, Coffee
Half Life
Boulevard Bischoffseim 41, Brussels, Belgium, Belgium
Cocoa Beans, Cotton, Cafe
FlorMaio International Business
Trading Company
Sobral, Aracaju, Sergipe, Brazil
Manganese And Ferro-Alloys, Copper, Potassium, Kaolin, Nickel, Mineral Research
Bhs International Ltd
Trading Company
Mihai Viteazul, ; Ploiesti, Romania, Romania
40 244 590354
Timber, Lumber, Steamed, Kd
Mcr Ltd.
Trading Company
Po Box47, ; Scherbinka, Moscow Region, Russian Federation
7 926 538-1992
Fish, Beef, Pork, Poultry, Sweet and non sweet candense milk, Mushrooms
BOB Trading
Trading Company
4/4, Rednam Regency, Dwarakanagar, ; Visakhapatnam, Andhra Pradesh, India
91 891 2732795
Calcined Metallurgical Alumina, Ferro ChromeHighCarbon), Silico Manganese, Chrome Concentrate, Quartz lumps, Feldspar, Bentonite, Wire Mesh, Chemical Grade Phospho Gypsum
Kartini Building, 236th C-6 RA Kartini st., ; Gresik, Propinsi Jawa Timur, Indonesia
62 31 3978228
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Suan Huat Enterprises Pte Ltd
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10, Ubi Crescent,#05-69,Lobby D, Ubi Techpark,, ; Singapore
65 91814045
Wood and Charcoal, Ores Slag and Ash, Wood Pulp, Waste and Paper Scrape
Shengde binhu Gardon, Jinyu Road, Jining City, Shandong Province. China
Agricultural products, Agricultural machinery ICID equipment, Engines and generators), Alloy
Galaxy Industrial Supplies
Trading Company
Abu Dhabi P. O. Box: 32895, Abu Dhabi, Abu Dhabi, United Arab Emirates
Conix-Gun Metal Water DistributionConnectors, Adapters, For PE Pipes, Pipes, Fittings
spectra batteries
1 / C / 17, G. B Apartments, Saibaba Nagar, Borivali-W, Mumbai, Maharashtra, India
Refining, Purifying
JR Traders
Trading Company
Cabo Gutarra 730, ; Lima, Lima, Peru
51 1 4616405
Dry and frozen goods and non ferrus alloys
5/Fl.98 West Zhonshan Rd. Zhenjiang Jiangsu, ; zhenjiang, Jiangsu, China (Mainland)
86 511 5234497
Agrin Serve
Trading Company
22 Syria , ; Giza , Egypt
20 2 7618002
Aluminium products
pasley corporation
Trading Company
Suite C-4 Guevent, # 90 Libertad St, ; Mandaluyong City, Philippines, Philippines
63 02 5311873
Taegder & Mazari
Trading Company
C. Soldado Bibiloni Vicens 4,9b, ; Palma De Mallorca, Baleares, Spain
34 871 941411
Se 74, Rare earth metals, Chemicals and minerals, Non-ferrous Metal Alloy
Jaggo Overseas
Trading Company
B / 35 / 3a, G. T. Karnal Road Industrial Area, Delhi, Delhi, India
Coppero-Nickel Of Composition 80, 20 And Others
No.588 ,Binhong West Road
Copper-phos brazing alloys, Copper-phos-silver brazing alloys
1-615, Dushitaoyuan, Changzhou City, Jiangsu Province. China
86-519-8622075, 5254399
Welding torches, Welding parts, Welding wire, Welding accessories, Motorcycle parts, Bus mirrors, Fabric, And textile
3-5 East Yinchuan Road, Science And Technology Hardware Industry Park, Yongkang City, Zhejiang Province. China
Radiators, Moto parts, Auto parts, Engine parts, Aluminum die-castings, Aluminum alloy products, Heater
xinxin village wangzhuang town
Aluminum profiles, Aluminum tubes, Aluminum pipes, Aluminum railings, Aluminum foil, Aluminum extrusion, Aluminum alloy, Aluminum heat sink, Aluminum alloy door and window
49 Shajiabang Road, Changshu City, Jiangsu Province. China
Thin, Small, Precise, Slender and special seamless steel tubes
Xinxing Industrial Area, 2nd Village, Shijie Town, Dongguan City, Guangdong Province, China
Metal stamping parts, Hardware, Metal galvanized parts, CNC parts, Speaker fittings, Metal frames, Punched speaker parts and pressed parts, Precision parts, Lathing parts, Metal brackets
No. 62-5B1, Xibinhe Street, Shenhe District, Shenyang City, Liaoning Province. China
CuW and AgW alloys, Metal ceramics heat extrusion die), Oil containing, High specific gravity metal, Cobalt base alloys, Nickel base master alloys, Investment casting spare parts, GH, K and Stellite series alloys
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Aluminium trusses, Folding trusses, Panel systems, Aluminum profiles, 8-way upright extrusions, Square extrusions, Stages, Platforms, Double-decks, Showcases, Display stands, Exhibition stands
8/F, Yangzhou Foreign Trade Building, 18 West Wenchang Road, Yangzhou City, Jiangsu Province. China
Coffins, Cinerary caskets, Cinerary pots, Cinerary buckets, Salute, Firecrackers, Refrigeration cabinets, Wreath for funeral, Cremains bactericide, Shroud, Velvet cover for coffins, Gravestones, Incinerators, Hearses and altars
No.1 Zhoushandong Road, Luoyang, Henan, ; Luoyang, Henan, China (Mainland)
86 379 64336166
Magnesium Anode, Magnesium Plate, Antisepsis Painting; Abrasive, Brown Fused Alumina, White Fused Alumina, )
Friend Metals Trading Co., Ltd.
Trading Company, Agent
Construction steel, Steel deformed bar, Ferroalloy, Carbon additive, Rare earth, Mineral, Non-ferrous metal
7-1-276 / A / 1, Banneni Plaza, Groundfloor, Balkampet, Hyderabad, Andhra Pradesh, India
Centrifugal Castings, Stainless Steel Pipes In All Grades
Chengdu Hongbo Industrial Co., Ltd.
Manufacturer, Trading Company
No. 198, Nanjing Road, Chengdu Economic
Ammonium molybdate, Molybdenum trioxide, Molybdenum powder, Molybdenum bar, Molybdenum rod, Molybdenum wire, Molybdenum plate, Sheet, Tungsten powder, Tungsten bar, Rod, Tungsten wire, Tungsten heater, Tungsten electrode, W-Re wire, Nickel wire, Nickel strip, Nickel tube, Dumet wire, Ni-Mn alloy wire, Ni-Fe alloy wire
Flat A, Yuelisha Industrial Zone, Yanbu, Dali, Nanhai, Foshan City, Guangdong Province. China
Magnesium, Ladders, Doors, Radiators, Profiles, Sections, Aluminium, Pipes, Alloy, Windows, Extrusions, Sliding, Casements, Decorations and materials
138-139, Main Road Gazipur, Delhi 110096, Delhi, Delhi, India
Lead Oxide, Litharge, Yellow Oxide, Remelted Lead Ingots, Crude Lead Ingots, Lead Scrap Radio Isri
Room 3016, Citic Plaza, No. 233 North Tianhe Road, Tianhe District, Guangzhou City, Guangdong Province. China
Rare earth metal, Rare earth oxide, Lanthanum, Neodymium, Erbium, Cerium, Yttrium, Dysprosium, Praseodymium, Europium, Gadolinium, Samarium, Terbium, Lutetium, Thulium, Cobalt, Vanadium, Copper products
No.228gao'erji Rd, Xigang District, Dalian, Liaoning, China, ; Dalian, Liaoning, China (Mainland)
86 411 85862610
Graphite electrode, Flake graphite, Some alloy materials, Refractory and therelative products
Unit D,10/F, China Overseas Building,139 Hennessy Road, Wanchai, ; Hong Kong
852 2863 2182
Graphite, Silicon Metal, Arsenic Metal, FeSi, FeMn, FeW, FeV, FeSiMn, FeMo, FeP, Rice Processing Machines
No.263 Taonan east road, Yangquan, Shanxi, China., ; Yangquan, Shanxi, China (Mainland)
86 353 2023046
Strontium metal
No.7,Shuanglong Rd,Huilong Industrial Park, Economy & Technology Development Zone, Chongqing
PS plate, Printing material, Offset plate, CTcP plate, Aluminum material
Taipingqiao, Yunlong Town, Yinzhou District, Ningbo City, Zhejiang Province. China
Copper alloy wire
35 Technology Avenue, Technology & Industrial Zone, Ninghai County, Ningbo City, Zhejiang Province. China
Copper valves, Fittings, And textile machinery
38 Luoxing Road, Mawei District, Fuzhou City, Fujian Province. China
Aluminum rolling semi-products, Including sheets and coils
111 Shixiang Road, Hangzhou City, Zhejiang Province. China
Aluminum coils, Aluminum foils, Aluminum sheets, Aluminum reels, Aluminum rolls, And aluminum panels
7F, Foreign Trade Building , No. 65 Jianxin Bei Road, Jiangbei District, Chongqing China
Electric cable and wire, Oxygen-free copper pole, Round copper wire, Copper profile, Copper alloy, High and low voltage electric porcelain, Insulator, Aluminium product
570 Kangfu Road, Ludu Town, Taicang City, Jiangsu Province. China
Copper and copper alloy pipes and bars, Copper, Brass seamless tubes and pipes, Copper rods, Copper wires and copper fittings
15th Floor E-Zone, 5th Building, No.251 Caoxi Road, 200235 Shanghai, China
Various alloyed doors and windows
Wuxi Special Steel Material Co., Ltd.
Manufacturer, Trading Company
21 Floor,No 8,Dachengxiang,Zhongshan Road, Wuxi, Jiangsu,China
86-510-82796629 82796601 82796618
Seamless steel pipe, Alloy steel pipe, Carbon steel pipe, Stainless steel pipe and fitting, Gas cylinder, Low temperature pipe, Tube and pipe, Seamless pipe
Xiangtou Third Industrial District Dalang town,Dongguan City,P.R.China.
Copper bar, Brass bar, Aluminium bar, Aluminum bar, Stainless steel bar, Copper pipe, Copper tube, Brass pipe, Brass tube, Special copper, Aluminium tube, Special aluminium pipe, Free cutting steel, Free cutting stainless steel, Stainless steel wire, Copper wire, Free cutting steel wire, Special aluminium, Aluminum, Aluminium welding rod, Aluminium welding wire
Steel pipe, Pipe fitting, Flange, Valve, Steel plate
1 Minjiang Road, Changshu City, Jiangsu Province. China
86-512-52823312, 55686388
Steel-smelting, Rolling, And production of boiler seamless, Internal thread seamless, Alloy seamless, Bearing, Carbon steel middle plates
Liaoning Fengge Titanium Industry Co., Ltd.
Manufacturer, Trading Company
No. 99, Shenzhou Road, Shenhe District, Shenyang City, Liaoning Province, China
TiGr4, Ti6AL4V, And Ti1188, Advanced titanium alloys including Ti-Pd, Ti-Nb and Ti-Zr, Plates, Tubes, Sheets, Pipes and wires
5 Huayu Rd., Donglai Industrial Development Zone, Zhangjiagang City, Jiangsu Province. China
Titanium and titanium alloy pipes
729 Kangzhuang Road, Baoding City, Hebei Province. China
Welded stainless steel tube, Stainless steel welded round pipe, Stainless steel welded square pipe, Stainless steel rectangular pipe, Mini bike, Mg anode, Bike parts, Folding bike, Alloy plate, Steel pipe, Stainless steel, Circle pipe, Cold roll, Design pipe, A-bicycle, Bicycle, Folding bicycle, Bike frame, Anode
Shengli Village, Shilihe Town, Sujiatun District, Shenyang City, Liaoning Province, China
Ti-6Al-4V thick-walled pipe, Titanium pipes, Titanium tubes, Titanium bars, Titanium sheets
28C Mingzhu Building Huaqiao Cheng, 819 Baizhang East Road, Ningbo City, Zhejiang Province. China
Mining machinery parts, Hardware series, Sucking disc of strong magnetism, Lamp, Pharmaceutical intermediate, Medical supplies, Auto parts
414 Qingyang Road, Wuxi City, Jiangsu Province. China
86-510-85758995, 85753111
Tungsten rhenium alloy thermocouple wire, Fast thermocouples, Industrial thermocouples, Samplers, And compensating extension wire
Wengyang Industrial Zone, Wenzhou City, Zhejiang Province. China
Zinc Oxide Lightning Arresters, Cut out fuses, Isolate Switches, Composite Insulators
Zhentai Industrial Garden, Xi'an Industrial Area, Xing'an Road, Anhai, Jinjiang City, Fujian Province. China
ZCT zero-phase current transformers), CT current transformers), Inductors
Xiatao, Fengjiang ,Luqiao, Taizhou City, Zhejiang Province. China
Aluminum material, Aluminum coils, Aluminum foils, Aluminum strips, Aluminum sheets, And drawing blocks
Hangzhou Linan Wanlong Cable Co., Ltd.
Manufacturer, Trading Company
288, Guafan Road, Lin'an, Hangzhou City, Zhejiang Province. China
Communication cables, Coaxial cables and LAN cables, Energy saving lamps
Asea Wire Cable Machineries Spare Parts
Corporation/Limited Liability Company
Sakarya Sanayi Sitesi 1270. Sk. No: 9, Adapazari, Sakarya, Turkey
90-264-276 1972
Annealing Nickel Tube For Wire Drawing Machines, Carbon Fiber Composite Materials
No. 89, Yanyu Road, Yuqi Town, Wuxi City, Jiangsu Province. China
Tin coated steel strip, ECCS, Aluminum coil, Copolymer coated steel tape
Lucheng Town, Danyang County, Zhengjiang City, Jiangsu Province, China
Alloy wires, Alloy strips, Heating elements, Resistance wires, Heating wires
Room 6F-L, Zhongtian Building, 173 Yugu Road, Hangzhou City, Zhejiang Province. China
Electricity, Gas meters, Parts and components for meters, Instruments and household appliances, Testing equipment, Magnetic materials, Power system electrical products
Jiedai Industrial Zone, Yueqing City, Zhejiang Province.China
Rivet electrical contacts, Contact strips, Silver wires, Contact materials, Contact wires, Metal bridges, Contact sheets, Solder materials and contact rivets, Electrical contact, Rivets
No.1000,Qinfeng Road,Huashi Industrial Area
Aluminum frames, Planks of solar battery panels, Concrete admixtures, Solar battery panels, Aluminium composite panels, Galvanized steel coils and tin plates
Jilongyu Industrial Zone
Diversified wires, Stainless steel wires, Stainless steel microwires, Stainless steel metallic fiber yarn, Static-proof and radiation-proof shield cables
Yuqi Industry Zone, Wuxi City, Jiangsu Province. China
All sizes of aluminium alloy ingot, Zinc alloy ingot, Galvalume for heat plating
4F-1, No.59, Sec. 2, Dunhua S. Rd.,, ; Taipei , TW, Taiwan
Individual (Sole proprietorship)
2nd Parsiwada Lane, Rk Bldg, Ground Floor, Shop No-4, Mumbai-400004, Mumbai, Maharashtra, India
Ss Hex, Ss Wire, All Types Of Ss Scrape Material, Ss Forged Circles, Ss Forged Blocks, Ss Sheets, Ss Coils, Ss Rods, Brass Rods, Nickel Alloys
LLC (Ltd Liability Corp)
Mankhool, Dubai, UAE, United Arab Emirates
Power Cables
Dutouyu Village, Xiaogang Street, Beilun District, Ningbo City, Zhejiang Province. China
Gas valves, Radiator valves, Faucets, Oven valves, Temperature control valves, Ovens, Gas stoves, Gas barbecues and grills, Gas stove ignition valves and gas heaters
Wulian Industrial Zone, Donghu Town, Shaoxing City, Zhejiang Province. China
As well as various composition of tin solders
Room 201, Fifty-Eighth Firt District Of Danxi Ganden, Yiwu City, Zhejiang Province. China
Ornaments, Handicrafts, Perfume bottles, Toys and imitation jewelry
Room 405, Fangxing Building, No. 30 Xueyuan Road, Haidian District
Hydrogen storage alloys, Hydrogen storage containers, Hydrogen purification devices, Gas generators, Hydrogen generators, Metal powder, Rare-earth metals
West Dacheng Road, Fenghua City, Zhejiang Province. China
Mechanical seals, Ceramic sucker rod pumps, Ceramic plungers, Seal rings, Ceramic grinding molds, Ceramic grinding cores, Ceramic desulphurization nozzles, Bulletproof ceramic plates, And ceramic discs for faucets
No. 88, Road Gubei, Baoshan District
Strip, Ribbon, Wire, Rod, Bar, Ni-Cr Alloy, Fe-Cr-Al Alloy, Cu-Ni Alloy, Pure Nickel, Tube, Nickel Strip, Nichrome Strip, Constantan
Jiangsu Xinhua Alloy Electric Co., Ltd.
Manufacturer, Trading Company
No.16 south in Zhangguo, Xinghua
086-0523-83760808 83765358
Heating wire, Stainless steel, High resistant heating alloy, Heat-resistant steel, Precision alloy
Longtang Industrial Park, Hefei City, Anhui Province. China
Stainless steel micro-wires, Copper-clad aluminum magnesium alloy wires, Copper-clad aluminum alloy wires, Steel materials, Iron ore and alloy steel
Industrial Zone, Yuhang Area, Hangzhou City, Zhejiang Province. China
Aluminum coils, Aluminum foils, Aluminum sheets, Evaporators and condensers
Jiangyin Haida Ornamental Materials Co., Ltd.
Manufacturer, Trading Company, Agent, Distributor/Wholesaler, Association
8 Huannan Road, Huashi, Jiangyin City, Jiangsu Province. China
Aluminum profile, Aluminum frame solar panel, Extrusion profile, Tinplate, Hot-dip galvanized steel coil, Bag, Leather, Aluminum sheet, Aluminum solid panel, Aluminum composite panel
North Dragon Mountain Village
Si-Mn-Fe alloy, Ferrosilicon, Ferrosilicon powder, Si-Ba aluminium, Si-Al-Ba carbon, Si-Zr alloy, Re-Si ferroalloy and silicon-barium alloy
Yunhe Town, Danyang City, Jiangsu Province. China
Cold rolled strips, Coils, Resistance alloy, Heat-resisting alloy, High velocity tools steel, High temperature alloy, Heat-resisting steel and stainless steel, Stainless steel
No.202,Building13,Sunshine Apartment New North District , Changzhou City, Jiangsu Province. China
Aluminum sheets, Aluminum coils, Aluminum foils, Aluminum profiles
Jingkou Industrial City of Sanshui District, Foshan City, Guangdong Province. China
Aluminium magnesium silicon) alloy rods, Aluminium rods, Oxygen-free copper rods, Copper sheets, Aluminium ingots
Trading Company, Buying Office, Agent, Distributor/Wholesaler
143-3 Samsung-Dong Gwangnam-Gu, Seoul, Seoul, South Korea
Etchant, Developer, Resist, Optical Film
Manufacturer, Trading Company
366 E. 58th St, Los Angeles, United States
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