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steel: Steel falls out of favour super fast. Should you sell?


Steel falls out of favour super fast. Should you sell?
A revival in commodity upcycle has lifted the BSE Metal index by 61% so far this year, outperforming the BSE Sensex which is up 6.8% for 2021.
Synopsis
Credit Suisse on Wednesday downgraded Tata Steel and Jindal Steel to neutral and JSW Steel to underperform saying that risk reward is not favourable with price-to-book values at decade high levels. The brokerage said peak of the global steel prices is likely over.
Mumbai: Brokerages Credit Suisse and JM Financial have toned down their optimism on metal stocks and believe the best part of the run-up might be over as valuations are at decade high levels and the frantic rally in steel prices may not sustain. ....

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Acciaio Inox | perchè preferirlo anche in casa

Acciaio Inox | perchè preferirlo anche in casa
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