📊 Metals Sector Outlook Steel producers face an expected decline in quarterly profits. This is driven by the dual pressure of **softening domestic prices** and **elevated input costs**, negatively impacting earnings margins. --- In contrast, the **non-ferrous metals sector** shows a positive trajectory, anticipating stronger results. This improved outlook is primarily fueled by a significant price rebound across key commodities, including **aluminium**, **zinc**, and **copper**. --- A potential market shift for steel is on the horizon. The recent implementation of a **new safeguard duty on steel imports** is projected to support and potentially **boost domestic steel prices** over the upcoming months.