BRICS Shift Rocks Commodity Exporters: 3 Stocks in the Crosshairs
BRICS leaders have recently made significant policy changes, targeting Western tariffs, sanctions, and carbon border rules. This shift has started to ripple through commodity and industrial exporters.
Hindustan Copper, a state-backed Indian miner and refiner, is exposed to this change due to its pure-play position on BRICS copper supply. The company generates ₹34.98b from manufacturing and selling copper products and has a market cap near ₹497.39b. Its vertically integrated assets in India feed power, infrastructure, and export demand.
Jindal Steel is another large Indian steel producer supplying long and flat products into construction, infrastructure, autos, and export markets within the BRICS trade orbit. The company generates about ₹564.1b from manufacturing steel products and carries a roughly ₹1,143.0b market cap.
Bradespar, a Brazilian holding company for Vale, provides exposure to Brazil’s BRICS-linked iron ore and nickel flows. It is valued at about R$8.40b and has an income stream near 11.14%.