23 Sep 2025 | 3 Mins Read
Metal stocks see surge, possible further growth in coming weeks
Flipitmoney
Metals stocks rose on improving demand, price hikes, and China-led supply cuts. Analysts at Nomura predict steel prices will rise 5% above current levels by FY26 due to seasonal demand, supply tightness, and Chinese stimulus. Key drivers include India's extended safeguard duties and China's output cuts, expected to reach 9% YoY by August-December.