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Metal stocks hit hard as US-China trade sparring continues

Dec 06, 2018 11:36 IST

The metal index is the worst performer in trade today, layering on itself another day of losses after yesterday's dismal performance. Metal stocks have been hit hard; Tata Steel Ltd, Vedanta Ltd, SAIL, Hindalco Industries Ltd and JSPL fell between 3 - 6 %. Industrial metals on the London Metal Exchange slipped on Wednesday as Washington-Beijing trade tensions resurfaced, raising concerns over demand in the world's top consumer of metals - China.

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