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Metal stocks decline on China worries

Tata Steel Ltd. | Steel & Iron Products | Metals & Mining | BSE: 500470 | NSE: TATASTEEL

24 Aug 2015 Evaluate

Hindalco Industries is currently trading at Rs. 82.80, down by 3.25 points or 3.78% from its previous closing of Rs. 86.05 on the BSE. The scrip opened at Rs. 82.90 and has touched a high and low of Rs. 83.55 and Rs. 80.95 respectively. So far 729179 shares were traded on the counter.

Tata Steel is currently trading at Rs 221.25, down by 16.00 points or 6.74% from its previous closing of Rs. 237.25 on the BSE. The scrip opened at Rs. 230.00 and has touched a high and low of Rs. 230.90 and Rs. 220.70 respectively. So far 1522250 shares were traded on the counter.

Vedanta is currently trading at Rs. 88.00, down by 6.75 points or 7.12% from its previous closing of Rs. 94.75 on the BSE. The scrip opened at Rs. 90.10 and has touched a high and low of Rs. 92.95 and Rs. 87.55 respectively. So far 940938 shares were traded on the counter.

Steel Authority of India is currently trading at Rs. 52.25, down by 3.15 points or 5.69% from its previous closing of Rs. 55.40 on the BSE. The scrip opened at Rs. 55.75 and has touched a high and low of Rs. 55.75 and Rs. 51.40 respectively. So far 642640 shares were traded on the counter.

Metal and mining stocks have declined tracking a sell-off in global commodities on worries that the sluggish economic growth in China, the world's largest consumer of metals, would lead to lower export demand going forward. The preliminary Caixin/Markit China Manufacturing Purchasing Managers’ Index (PMI) stood at 47.1 in August, down from July’s final 47.8. It was the worst reading since March 2009, in the depths of the global financial crisis, and the sixth straight one below the 50-point level, which separates growth in activity from contraction on a monthly basis. Copper, seen as a barometer of global demand, tumbled to 6-1/2-year lows as the anxiety over China sapped investor confidence.

Tata Steel Share Price

210.00 -0.95 (-0.45%)

24-Apr-2026 16:01 View Price Chart

Peers

Company Name	CMP
Tata Steel	210.00
JSW Steel	1251.70
SAIL	178.00
Jindal Stainless	769.10
APL Apollo Tubes	2008.90
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Metal stocks decline on China worries

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