Morgan Stanley predicts falling of actions of stalnykhkompaniye in 2024 because of problems with demand and an assessment

As reports Yieh.com, the global broker firm Morgan Stanley, predicts that actions of the steelmaking companies will be again worse in 2024. Weakness world steel industries, growth of the internal offer and unattractive estimates are the main brakes for sector. Weak forecasts of steelmaking branch are caused by lag preservation in 2023. The target prices of Morgan Stanley for four steelmaking companies also hint at that, actions against easing expectations in 2024 how strongly can fall. Its equilibrium rating in relation to Tata Steel Ltd...