In each of the past six years, since Tata Steelacquired Corus, its stock has rallied at least 20% from its lows in November to January. Analysts said this is on account of increased demand ahead of the Chinese New Year in January end or early February.

The steel demand in the developed economies starts improving from December quarter and post monsoon in India.

Although this should benefit all steel companies, Tata Steel has the highest beta and is likely to outperform its peers if the shares of the sector were to rally. The stock has bounced back strongly from its low of Rs 437.8 in the last two weeks.

                                                                                                                   XINSTEEL NEWS