metals Industry News
Access all the essential metals industry, metals stocks, and market updates in one spot.
The Economic Times
India needs to tighten checks on transactions involving precious metals and stones, as many deals are conducted in cash and evade typical monitoring. The Financial Action Task Force highlights that only a fraction of businesses in this sector are registered, raising concerns about money laundering and terrorist financing risks.
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Thu, Sep 19, 2024
Business Line
Copper futures probing a resistance
Traders can buy if the contract sees a breakout
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Thu, Sep 19, 2024
The Economic Times
Govt remains opposed to Hindustan Zinc spin-off plans, source says
The Indian government, Hindustan Zinc's largest shareholder, opposes the miner's proposal to split into separate units. Despite the company's presentation, a government source confirmed their stance remains unchanged.
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Wed, Sep 18, 2024
Business Standard
Dividend, Bonus, Split: SAIL, Mazagon Dock, 56 others turn ex-date tomorrow
Shares of SAIL, Hindustan Copper, Mazagon Dock Shipbuilders, and 53 others will remain in focus during today's trading session as they will turn ex-dividend date tomorrow
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Wed, Sep 18, 2024
Business Standard
Stock Alert: Ceigall India, Infosys, Mankind Pharma, Satin Creditcare, REC
Aarti Industries, Balrampur Chini Mills, Biocon, Birlasoft, Gujarat National Fertiilisers and Chemicals (GNFC), Granules India, Hindustan Copper, LIC Housing Finance, Punjab National Bank, and RBL Bank.
Mint
Stock market today: Biocon, GNFC, PNB among ten stocks in F&O ban list on Sept 18
Aarti Industries, Balrampur Chini, Biocon, Birlasoft, GNFC, Granules India, Hindustan Copper, LIC Housing, PNB, and RBL Bank are the ten stocks on the NSE's F&O ban list on Sept 18
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Wed, Sep 18, 2024
Business Line
Stock to buy today: Lloyds Metals & Energy (₹820.35): BUY
Lloyds Metals & Energy share price can rise to ₹860-₹870
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Wed, Sep 18, 2024
Business Line
Hindustan Zinc eyes expansion into zinc-based batteries
Vedanta-promoted will take a call by year-end
The Economic Times
Industry body sees domestic zinc consumption doubling in less than decade
The International Zinc Association predicts that India's zinc demand will double in less than a decade, driven by energy transition, battery technology, automobiles, infrastructure, and steel sectors. Currently consuming around 1.1 million tonnes of zinc, India is ahead of global consumption patterns. Zinc's role in reducing carbon emissions and supporting renewable energy infrastructure is crucial.
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Tue, Sep 17, 2024
The Economic Times
Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Ecos(India)Mobilit, Aarti Surfactants, Silgo Retail, Modison Metals and Mallcom(India), hit their fresh 52-week highs during the day.
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Tue, Sep 17, 2024
Business Line
Nupur Recyclers to increase stake in Frank Metals Recyclers
NRL currently holds an 80 per cent stake in FMRPL and intends to maintain this percentage on a fully diluted basis
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Tue, Sep 17, 2024
Business Line
Hindalco to launch copper alloys for high-speed mobility
Hindalco to expand copper smelting capacity at Dahej facility
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Tue, Sep 17, 2024
Business Line
Hindalco to invest ₹2450 crore in copper projects in Gujarat and e-waste recycling plant at Dahej
This recycling plant to salvage copper from e-waste is expected to go a long way for the company which currently imports 90 percent of copper concentrates required for its smelter plant at Dahej
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Tue, Sep 17, 2024
The Economic Times
Stock market update: Stocks that hit 52-week highs on NSE
Silgo Retail, Mallcom(India), Modison Metals, Aarti Surfactants and Consol Const., hit their fresh 52-week highs at 10:39AM.
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Tue, Sep 17, 2024
Business Standard
Carborundum Universal to acquire US-based Silicon Carbide Products
SCP, located in Horseheads, NY, USA, specializes in producing high-quality Nitride Bonded Silicon Carbide (NBSiC) products. NBSiC ceramics have superior wear and thermal shock resistance. SCP has over three decades of experience in providing customized solutions to customers in the USA and globally. Their product range serves industries such as power generation, mining, material handling/processing, non-ferrous molten metal transfer, and petrochemical refineries. Recognized for their technically superior firing and forming processes, SCP is a trusted supplier to leading industry players in these sectors.
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Tue, Sep 17, 2024
Mint
Stock market today: Birlasoft, GNFC, Granules India among ten stocks in F&O ban list on Sept 17
Aarti Industries, Balrampur Chini, Bandhan Bank, Birlasoft, Chambal Fertilisers, GNFC, Granules India, Hindustan Copper, LIC Housing, and RBL Bank are the ten stocks on the NSE's F&O ban list on Sept 17
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Tue, Sep 17, 2024
Hindustan Times
rich Kazakhstan seeks niche in battery supply chain
KAZAKHSTAN-METALS/BATTERIES (CORRECTED, PIX):CORRECTED-Metals-rich Kazakhstan seeks niche in battery supply chain
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Mon, Sep 16, 2024
The Economic Times
Top stock pick from Aditya Arora for near term
Overall, there is neutral view on the macro front but if we look at technicals, then technically a lot of stocks are looking actually good because they rebounded pretty sharply and options activity is positive. So, maintaining neutral to positive stands on metals.
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Mon, Sep 16, 2024
The Economic Times
Buy JSW Steel, target price Rs 1100: Motilal Oswal
JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 233430.81 Crore) operating in Metals - Ferrous sector.
Mint
Stock market today: Bandhan Bank, RBL Bank among seven stocks in F&O ban list on Sept 16
Aarti Industries, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers, Granules India, Hindustan Copper, and RBL Bank are the seven stocks on the NSE's F&O ban list on September 16.
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Mon, Sep 16, 2024
The Economic Times
Hindustan Zinc's all-women mine rescue team to represent India at international competition
Hindustan Zinc Limited's all-women mine rescue team will represent India at the XIII International Mine Rescue Competition in Colombia. This marks a historic milestone as the first Indian all-women team to compete globally, showcasing their exceptional skills in various rescue drills and tests. The event highlights the company's commitment to gender diversity and parity.
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Sat, Sep 14, 2024
Business Standard
Stock Alert: BPCL, SBI Cards, BLS Intl, H.G. Infra Engg, Tata Power, HCL Tech
Aarti Industries, Aditya Birla Fashion and Retail (ABFRL), Balramur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, Granules India , Hindustan Copper, RBL Bank.
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Fri, Sep 13, 2024
Mint
Stock market today: Aarti Industries, Granules among eight stocks in F&O ban list on Sept 13
Aarti Industries, Aditya Birla Fashion, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers, Granules, Hindustan Copper, and RBL Bank are the eight stocks on the NSE's F&O ban list on Sept 13
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Fri, Sep 13, 2024
Business Standard
NMDC looking to explore mining opportunities for critical minerals abroad
The country's largest iron ore miner NMDC on Thursday said it is pursuing mining opportunities for critical minerals abroad which includes lithium block in Australia. Critical minerals such as copper, lithium, nickel and cobalt are important components in rapidly growing clean energy technologies - from wind turbines and electricity networks to electric vehicles. "NMDC is... pursuing overseas mining opportunities for critical minerals like lithium, cobalt, and nickel through its subsidiary, Legacy India Iron Ore Ltd, which includes lithium mining operations in Australia," the company said in a statement. NMDC is also preparing to begin the production of its eight million tonnes of coking coal block by December next year. This move aims to reduce the country's reliance on the import of coking coal. NMDC is set to nearly double its production capacity to 100 million tonnes (MT) by 2030. This ambitious expansion will significantly enhance the company's infrastructure, operations, an
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Thu, Sep 12, 2024
Business Standard
Sensex soars 1440 pts, Nifty ends above 25,388 on positive global signals
The domestic stock market concluded Thursday's trading session with significant gains. The benchmark Nifty50 index surged above 25,433, marking a new high. While market volatility was observed due to the expiry of weekly index options, a broad-based rally lifted the overall market. Key sectors contributing to the gains included metals, auto, and public sector banks. The positive sentiment in the Indian market was likely influenced by the upbeat global market mood, fueled by expectations of interest rate cuts by major central banks. This global optimism provided a supportive backdrop for the domestic market.
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Thu, Sep 12, 2024
The Economic Times
European shares jump 1% on tech boost; ECB meet in focus
Basic resources gained 2% after prices of base metals rose, buoyed by hopes of an interest rate reduction in the U.S. next week..
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Thu, Sep 12, 2024
The Economic Times
Vedanta plans to expand nickel sulphate production, to tap overseas demand
Vedanta, an Indian metals-to-oil conglomerate, plans to increase its nickel and nickel sulphate production to meet the rising demand for EV battery materials in northeast Asia. The company has urged India's government to push Japan and South Korea to remove import duties on nickel sulphate. Vedanta aims to contribute to India's export targets and support cleaner technologies in transport.
Business Line
Copper: Wait for a range breakout and then go long
MCX copper futures contract can rise to ₹810 on a decisive break above ₹797
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Thu, Sep 12, 2024
Business Standard
Stock Alert: NBCC, Infosys, Lupin, NBCC, HPCL, Adani Ports
Aarti Industries, Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, Hindustan Copper and RBL Bank
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Thu, Sep 12, 2024
The Economic Times
RBL Bank, Hindustan Copper among 5 stocks with long unwinding
Long unwinding occurs when investors sell positions or stocks they have held for an extended period, either to lock in profits or to exit in anticipation of a potential market downturn.
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Wed, Sep 11, 2024
CNBC TV18
Trade Setup for September 12: Has a dodgy Nifty started moving lower towards 24,500?
Selling pressure came from all corners, be it Metals, Autos, PSU banks and even the entire CPSE basket, that continues to move lower from its August 1 peak.
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Wed, Sep 11, 2024
Business Standard
Sensex slips 398 pts, Nifty ends below 24,950; Tata Motors slumps 6%
The domestic equity market took a significant hit on Wednesday, with the Nifty50 closing below 24,950. The early-afternoon high of 25,113 was short-lived as sectors like oil & gas, PSU banks, and metals faced selling pressure. Investors are closely watching upcoming inflation data from the US and India. While US inflation is anticipated to increase, Indian inflation is expected to remain steady. Additionally, the Bank of Japan's suggestion of a potential rate hike if inflation stays elevated added to the market's cautious tone.
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Wed, Sep 11, 2024
The Economic Times
Industry credit expected to grow over 12%: FICCI-IBA survey
A survey by FICCI and IBA reveals that 62% of banks expect non-food industry credit growth to exceed 12% in the next six months. The banking sector remains robust, but faces liquidity challenges as credit growth outpaces deposits. Infrastructure, metals, and engineering sectors show strong long-term credit demand.
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Wed, Sep 11, 2024
Business Line
Zinc: Bearish. Go short on a break below the support
Zinc Futures contract can fall to ₹247 or ₹244 on a break below ₹253
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Wed, Sep 11, 2024
The Economic Times
Mihir Vora on impact rate cuts & crude prices will have on global growth
So, India versus the rest of the world story continues. Of course, if the world really dips very sharply, then we will not be unaffected. But as of now, that is not the base case. We are expecting a soft landing in the US, which is okay for India. The theme, of course, continues to be within India, to stick to the domestic linked segments, not so much for the export linked segments or the globally exposed segments like energy, chemicals, metals, etc.
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Wed, Sep 11, 2024
The Economic Times
F&O Ban List: Aditya Birla Fashion, Hindustan Copper among 7 stocks under trade ban on Wednesday
Seven stocks, including Aditya Birla Fashion and Retail, Balrampur Chini, and Bandhan Bank, are under F&O trade ban on Wednesday. The ban occurs when open interest exceeds 95% of market-wide positions limits. The Sensex and Nifty rose for the second consecutive day, driven by IT and pharma stocks.
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Wed, Sep 11, 2024
Business Standard
HZL supplies zinc to country's heaviest transmission steel pole structure
Vedanta group firm Hindustan Zinc Ltd (HZL) on Tuesday said it has supplied zinc for the country's heaviest transmission steel pole structure weighing over 200 metric tonnes. The company said that its top-quality zinc has been used in the galvanization process for the transmission steel pole structure. The 400 kV (kilovolts) dual pole structure standing approximately 57 meters tall, underwent galvanisation process utilising a mix of Hindustan Zinc's low-dross jumbo special high grade zinc and special high grade (SHG) zinc ingots. The structure, designed and manufactured by Skipper Ltd, is part of the 400 kV Quad Moose DC Transmission Lines Project under the proposed Pinnapuram Integrated Renewable Energy with Storage Project in Andhra Pradesh, Hindustan Zinc said in a statement.
The Economic Times
Vedanta supplied zinc to India's heaviest transmission steel pole structure
Hindustan Zinc Ltd has supplied zinc for India's heaviest transmission steel pole structure, weighing over 200 metric tonnes. The 400 kV dual pole structure, standing approximately 57 meters tall, is part of the Pinnapuram Integrated Renewable Energy with Storage Project in Andhra Pradesh. The galvanization process used Hindustan Zinc's high-grade zinc ingots.
The Economic Times
Beyond stock market: How to ace commodity trading
ETMarkets Livestream is hosting a masterclass on commodities with experts Gnanasekar Thiagarajan and Yeswant Rao on September 28. The event, from 10:30 am to 4 pm, will cover metals, energy, agriculture, and trading strategies, helping both commodity and equity traders
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Mon, Sep 9, 2024