Metal Shares More Likely to Open Decrease as Global Base Metal Costs Downturn

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metal company stocks can be in centre of attention and are likely to fall monitoring a slump in global base steel costs on issues over demand in 2018 and weak factory information print in China.
Costs of base metals like nickel, copper, and alloys corresponding to metal cracked late Tuesday and in early trading in Asia.
In the closing trading session, shares of NALCO, Hindustan Copper, Vedanta, Tata steel, Jindal steel & power and Hindustan Zinc fell 0.2-2.5%.

As well as, on Tuesday, the Nifty metallic index ended at 3772.75 factors, down 0.5%.
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