Metal

Capex cut, focus on profitability, healthy balance sheet should help overcome medium-term hurdles

After jumping nearly 560 points during the session, the 30-share BSE index ended 37.70 points or 0.07 per cent lower at 57,107.52.

Image-sharing platform says the intention is to strike balance between autonomy and safety for young people

Host of sectors pushing up need for metals; capital outlay significant by firms, say experts

Price hikes in the offing, say metal producers; may have to pass on costs, say user industries

The company's integrated metal production stood at 235,000 tonnes in the year-ago period

Among sectors, the BFSI sector can throw up a positive surprise for the investors in terms of performance and the ensuing guidance

Experts see the real recovery may prove evasive if virus continues to spread

Tata Steel has revised its planned capex for 2019-20 to Rs 8,000 crore, from the earlier Rs 12,000 crore

Nifty Metal index, the largest loser among sectoral indices, was down 2.55 per cent at 2,871 points, trading at its lowest level since June 27, 2017, on the NSE.

As platinum miners curb production, rhodium output will drop, causing prices to rally further, Dawson said

Aluminium products maker to sell 50% stake in its South Korean facility to Kobe Steel for $ 315 mn

Tata Steel, JSPL, SAIL, Vedanta, Hindalco, Hindustan Zinc, Tata Sponge, MOIL and Tata Metaliks were up 2% to 6%

In past four trading session, the S&P BSE Metal index surged 8.5% against 0.94% rise in Sensex.

The S&P BSE Metal index was up 2.2%, extending its 2.7% surge on Tuesday.

Bullion weakens in global markets, but strengthens in India on festival demand

Nifty Metal index was up 1% at 2,623, as compared to 0.15% fall in the Nifty 50 index at 01:47 pm.

Tata Steel, Hindalco Industries, JSW Steel and APL Apollo Tubes hit 52-week highs.

With a proposed total investment of $ 25 million (about Rs 167 crore), the manufacturing unit, to be located at Halol (Gujarat), will have an annual capacity of 240,000 metric tonnes

The 50 MT plant will meet the growing requirement of nickel, the demand for which in the country is around 45,000 MT and is totally dependent on import