Global Materials | Industrials | Commodities

Rahul Jain

Over 20 years of sell-side research experience across Global Metals & Mining, Cement, Industrials, and Commodities. Extensive first-hand mine and plant visits spanning India, Australia, China, the US, and the UK.
Hundreds of buy-side engagements across major global financial hubs in Asia, North America, and Europe. Also led a comprehensive client tour of China to deepen industry understanding.

Focused on fundamentals-driven analysis including earnings modeling, cost structures, and valuations using DCF and relative multiples. Global commodity cycles, supply-demand trends, and macro factors are integrated into sector calls. Research prioritizes inflection points from price, cost, and policy shifts, using a disciplined bottom-up approach supported by top-down macro screening.

POSCO Holdings: Selling Remaining Stake in Nippon Steel in a Block Deal Sale

Equity Bottom-Up

<ul>
<li>POSCO is shifting from cyclical steel to sustainable, high-margin materials and hydrogen technologies.</li>
<li>Earnings recovery and RBM scale-up underpin a 15–35% re-rating potential by FY27.</li>
<li>Strong asset base, improving margins, and carbon-neutral roadmap limit downside risk.</li>
</ul>


POSCO is shifting from cyclical steel to sustainable, high-margin materials and hydrogen technologies.
Earnings recovery and RBM scale-up underpin a 15–35% re-rating potential by FY27.
Strong asset base, improving margins, and carbon-neutral roadmap limit downside risk.


POSCO Holdings — From Steel Giant to Green Materials Powerhouse