NIC News: Basic Materials Roundup: Market Talk - 2nd Feb 2024, 11:35pm

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0351 GMT – Posco Holdings ’ earnings from its steel, construction and battery-material segments are bottoming out, Nomura analysts Cindy Park and Chulwoo Park say in a research note. The South Korean conglomerate may gain from China’s macroeconomic policies, which could lead to stronger demand for steel used in construction, autos and home appliances, the analysts note. 0030 GMT – There was plenty in Nickel Industries ’ latest update to deepen Bell Potter’s confiden...

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