Many shades of Chinese recovery: 5 stocks from pipes and wires industry with upside potential of up to 22 %

Amidst all the volatility seen on the street this week, metal stocks have been outperformers. Reason: The expectation of an economic recovery in China – the biggest guzzler of metals. The assumption that flows from this is that if metal prices are going to rise, the industries where metal is the raw material would see shrinking margins because they will face higher costs.But global trade is not simple and involves many shades of grey. If there