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Latest Articles in metals and minerals

Tata Steel To Shut Some Operations In UK, 400 Jobs At Stake

Tata put up five of its non-core businesses in Europe on sale in May 2018 as it looked to focus on its strip products business.

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Tata Steel Third-quarter Profit Surges On Volume Growth

Total revenue from operations grew 15 per cent to Rs 334.47 billion, with revenue from Indian operations up 22 per cent

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Gold Falls Rs 259 In Futures Trade On Weak Global Cues

The metal for delivery in far-month April shed Rs 209, or 0.69 per cent, to Rs 30,066 per 10 grams in 147 lots

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JSW Steel aims to increase own iron ore production

The company expects to begin producing ore from mines it won in a recent auction in the southern state of Karnataka by March, at an annual run rate of 4.7 million tonnes

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Steel Demand Increasing In India, Right Situation To Make Future Investment: Tata Steel MD

Stability is being witnessed in the steel sector globally though it had faced some problem two years ago, Narendran told newsmen after unfurling the National Flag on the 71st Independence Day

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West Coast Refinerys Complex To Cost Rs 2.7 Lakh Cr: Dharmendra Pradhan

State-owned Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp are building the integrated complex with a refining capacity of 60 million tonnes per annum at Babulwadi, Taluka Rajapur, Ratnagiri district

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Higher Prices Keep Gold Buyers At Bay; Discounts In India Widen

Demand for gold in Asia was muted this week as the bullion's rebound in prices curbed purchases, with discounts in India widening to the highest in more than five months

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Gold Weakens Further On Global Cues; Silver Slips Below Rs 42000

Silver lost Rs 660 to Rs 41,800 per kg due to reduced offtake by industrial units and coin makers

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SAIL Spends Rs 64,562 Crore On Modernisation, Expansion Of Plants

SAIL has so far spent a total of Rs 64,562 crore on modernisation and expansion programmes, which also includes Rs 2,324 crore investment in first nine months of the last fiscal

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After 3-year Of Gap, India Finally Is A Net Exporter Of Steel!

However, at the back of this, lies the stress of the domestic companies’ balance which is likely to remain the same, despite improvement in the operating margins, says ICRA

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Gold Loses Rs 250 On US Rate Hike Chances, Now At 2-month Low

Gold prices continued to feel the squeeze of growing bets for an interest rate hike by the US Fed as it slumped Rs 250 to an over two-month low of Rs 28,650 per 10 grams

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IMFA Gets Boost From Turnaround In Commodities

It posted revenue of Rs 462 crores in the third quarter of financial year 2017 compared with Rs 335.35 crores in the same quarter of financial year 2016

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Gold Futures Drop Rs 89, Hurt By Weak Global Trend

Gold for delivery in December dropped Rs 89 or 0.31 per cent to Rs 28,740 per 10 grams in a business turnover of 366 lots at the Multi Commodity Exchange

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Festive-Buying Spurs Asian Gold Demand; Indian Discounts Narrow

The safe-haven bullion has shed about 1 per cent this week after hawkish comments from Federal Reserve Chair Janet Yellen last week left the door open to a US interest rate hike in September

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Gold Flat On Firmer Dollar; Seen Range-bound

The US Federal Reserve is likely to raise interest rates in December, after the 8 November presidential election

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