Non-ferrous metal players expected to shine

KUALA LUMPUR: Non-ferrous metal producers Press Metal Aluminium Holdings Bhd and OM Holdings Bhd are expected to deliver decent profits as the prices of non-ferrous metal are projected to stabilise at current levels.

Kenanga Research said there is expected to be continued demand for the metals as fossil-fuel smelters are decomissioned while Western sanctions against Russian aluminium offer support.