Market pulse › Metals and mining
Metals and mining
Today15 stories · 23 articles
Net tone▲ +17% today
Market checkMetal +0.35%
Developing5 storylines
Metals and mining in three lines
- Bihar’s ₹21,000 crore mineral reserves may generate over ₹5,000 crore in annual revenue, a report said
- NMDC commissioned a ₹5,427 crore iron ore processing project in Chhattisgarh
- STLL acquired Advent Coal Resources, Sainik Mining and Allied Services for Rs 922 crore
924 Sept
2125 Sept
1226 Sept
827 Sept
928 Sept
Market move▼ bearishExplained: Vedanta, Hindustan Zinc, Hindalco to NalcoNALCO fell as much as 3.89% to ₹344.65 per shareBase metalsVedantaHindalco Industries
Expansion▲ bullishNMDC Steel Share Price Jumps Nearly 2% After It Commissions Rs 5,427 Crore Iron Ore Processing PlantNMDC SteelSteelMining
Broker call● mixedTata Steel, JSW Steel, Jindal Steel in focus as rebar prices rally; Nomura retains 'Buy'SteelTata SteelJSW Steel
Market move● mixedTata Steel Share Price Live Updates: Tata Steel Stock DetailsTata SteelSteelTata Group
Market move▼ bearishHindalco Share Price Live Updates: Hindalco's Price Decline ContinuesHindalco IndustriesBase metals
Market move▼ bearishJSW Steel Share Price Live Updates: JSW Steel's Recent Decline Below 100-Day EMAJSW SteelSteel
IPO▲ bullishCoal India Unit SECL said to hire banks for $800 million IPOSECL appointed ICICI Securities, SBI Capital Markets, Motilal Oswal and IDBI Capital Markets as advisersCoal IndiaCoalBanks
Expansion● mixedRio Tinto commissions carbon-capture trial at China's Shougang steel plantChinaSteel
Deal● mixedAustralia’s biggest gold miner rejects $27bn takeover bidNorthern Star shares rose more than 9% after it rejected Gold Fields’ takeover proposalGold
Data▲ bullishBihar’s ₹21,000 crore mineral reserves may generate over ₹5,000 crore annual revenue, says reportBihar mineral reserves are valued at over ₹21,000 croreMiningCritical mineralsEconomic growth
Expansion▲ bullishNMDC commissions ₹5,427 cr iron ore processing project in ChhattisgarhNMDC commissioned a ₹5,427 cr integrated iron ore processing project in ChhattisgarhNMDCMining
Deal● mixedSTLL acquires Advent Coal Resources, Sainik Mining and Allied Services for Rs 922 croreCoalMining
Results▲ bullish26% returns in 6 months, SAIL stock final dividend 2026 record date next week; check amount per share, payment dateSAIL is set for its sixth consecutive year of dividend payoutsSAILPSU dividends
Expansion▲ bullishIndia needs to utilise resources beneath earth to become self-sufficient: Anil AgarwalVedanta Group has invested ₹1 lakh crore in OdishaVedantaEconomic growthGDP
● mixedGold-rich Nicaragua hands Chinese miners rights to a tenth of its landNicaragua granted Chinese miners concessions covering a tenth of its landGoldMiningCritical minerals
▲ bullishGreen copper needs a definition and India can be the firstThe article argues India could help define a standard for green copperBase metals
● mixedVedanta’s Anil Agarwal backs mineral exploration, says India must shed ‘country of import’ tagVedanta
Expansion● mixedVedanta seeks Niyamgiri mining revival, pitches ₹1 lakh crore Odisha investmentVedanta is seeking to revive the Niyamgiri bauxite project, shelved in 2013 after unanimous Gram Sabha resistanceVedantaMiningNiyamgiri
Expansion▲ bullishVedanta urges Odisha govt to accelerate ₹1 trillion investment proposalsVedanta urged Odisha to accelerate ₹1 trillion in proposed aluminium investmentsVedantaBase metals
Expansion▲ bullishVedanta group announces ₹1 lakh crore investment drive in Odisha; targets 50,000 jobsVedanta group announced a ₹1 lakh crore investment drive in OdishaVedantaJobs and layoffs
Market move● mixedGold and silver prices fall in Indian retail marketsGold and silver prices saw a sharp drop in early trading on September 28GoldSilverRetail
Policy● mixedStocks to buy for long term: Vedanta Iron and Steel, Vedanta Oil and Gas or Vedanta Power: Which is better? Target, SLExperts consider all three Vedanta Group stocks fundamentally suited to portfoliosVedantaVedanta Iron and SteelVedanta Oil and Gas
Deal▲ bullishSAIL signs MoU with BCCL for joint development of coal blocksSAIL and BCCL signed an MoU to jointly develop and operate two coal blocksSAILCoalCoal India
Policy● mixedIndia urges Centre to intervene over EU metal scrap export list exclusionIndia’s metal recycling industry urged the government to challenge its exclusion from an EU draft scrap-export listEuropean UnionTrade and tariffsA-One Steels India
Market move● mixedTata Steel to Jindal Steel: Key stocks poised to gain as domestic steel prices surge up to 24%SteelTata SteelJindal Steel
Market move● mixedGold vs silver vs copper: 3 metals, three different stories behind their latest movesGoldSilverBase metals
● mixedUnion at BHP's Escondida mine in Chile refuses to pause contract talks after fatal accidentMining
Deal▼ bearishTata Steel and Dutch authorities extend green steel project deadline to March 2027The sustainable steel agreement was extended by five months, to March 2027Tata SteelSteelTata Group
Funding and debt● mixedRunwal Enterprises, German Green Steel and Power raise ₹149 crore, ₹91 crore from anchor investorsRunwal Enterprises raised ₹149 crore from anchor investorsRunwal EnterprisesOrient CablesSteel
Expansion▲ bullishDeccan Gold shifts from exploration to gold production, builds critical-mineral portfolioDeccan Gold Mines is moving from exploration into productionDeccan Gold MinesGoldMining
Market move● mixedHigh input costs, policy support will likely keep steel prices higher than 2025Steel prices likely to stay higher than 2025, supported by high input costs and policy supportSteelInput costsChina
Deal▲ bullishSteel Authority of India and Bharat Coking Coal signs MoUSAIL and Bharat Coking Coal signed an MoU to jointly develop and operate coal blocksSAILBharat Coking CoalCoal
Data▲ bullishIndia’s steel output rises 4.6% in August even as global production declinesIndia’s steel output rose 4.6% in AugustSteelManufacturingChina
Deal▲ bullishSAIL, Bharat Coking Coal sign MoU to jointly develop two coking coal blocks in West BengalSAIL and Bharat Coking Coal signed an MoU to develop two coking coal blocks in West BengalSAILBharat Coking CoalCoal
Policy▼ bearishDGFT delists 15 scrap inspection agencies; importers flag disruptionsDGFT withdrew recognition of 15 scrap inspection agencies over certification lapsesTrade and tariffsImport duties
Data▼ bearishAluminium extrusion output falls, with industry warning of factory closuresProduction has fallen to 8–9 lakh tonne from around 12 lakh tonne earlierBase metalsAuto partsStartup shutdowns
● mixedBeyond high-profile wars, a worldwide battle for critical mineralsGovernments are seeking secure critical-mineral supplies for technology and industryCritical mineralsGeopoliticsMining
Market move● mixedHormuz reopening hope to support silver, resistance at $65: Mirae AssetMirae Asset Sharekhan sees silver resistance at $65SilverStrait of HormuzGlobal markets
● mixedArcelorMittal to shutter Ukraine plant and book $1 billion charge after Russian strikesThe company faces a $1 billion impairment chargeUkraineRussiaRussia–Ukraine war
Broker call▲ bullishHere's why Coal India share price could go up to ₹500 as per JefferiesJefferies expects higher global coal prices to support e-auction pricesCoal IndiaCoal
Funding and debt● mixedVedanta lines up FY's first rupee debt sale, bankers sayVedanta plans to raise ₹3,500 crore through three-year bondsVedantaBond yieldsBond auctions
Data▼ bearishIndia remains a net importer of finished steel in April–AugustFinished steel exports rose 34.1% year on year to 2.99 million metric tonsSteelTrade dataTrade and tariffs
Market move● mixedTata Steel Share Price Live Updates: Tata Steel's Current Market PositionTata SteelSteelTata Group
IPO● mixedGerman Green Steel IPO opens; grey-market premium signals potential listing gainsThe ₹303.90 crore IPO is open for subscription from September 25 to 29SteelManufacturingMarket valuations
▼ bearish‘Bigger concern is future availability of manganese ore’Manish Sarda says the bigger concern is future availability of manganese oreMiningCritical mineralsSteel
Expansion▲ bullishInterarch Building Solutions inaugurates Andhra Pradesh heavy steel plant with 24,000 MT capacityInterarch Building Solutions inaugurated an Andhra Pradesh heavy steel plant with 24,000 MT capacityInterarch Building SolutionsManufacturingSteel
Policy▲ bullishCentre looks to widen use of steel recovered from recycled shipsThe Centre is considering wider use of steel recovered from recycled shipsSteelShipping and logisticsShipbuilding
Expansion● mixedEurope’s biggest stainless steelmaker finds new way to extract critical metalOutokumpu says its method can produce chrome used in jet enginesCritical mineralsSteel
Policy▲ bullishIndian copper producers urge government to cut indirect tax to 5% from 18%Copper producers are urging a GST cut on copper products from 18% to 5%GSTBase metalsTaxes
● mixedChina's rare earths dominance to overshadow Trump's talks with XiCritical mineralsChinaUS–China
● mixedIndia should recycle copper as a strategic intervention to build reserves, says global copper body’s Indian armIndia needs to build copper reserves, says Mayur KarmarkarCritical mineralsBase metalsDinesh Pant
Market move● mixedZinc futures at a resistanceBuy October zinc futures if they break above ₹422Base metals
Policy▼ bearishIndian recyclers warn EU metal waste ban could raise costs, hit MSMEsIndian recyclers warn an EU metal waste ban could raise costs and hit MSMEsEuropean UnionBase metalsTrade and tariffs