Trump signed proclamations late on Monday raising the US tariff rate on aluminium to 25 per cent from his previous 10 per cent rate
Technical chart shows that Nifty Metal has a strong support base around the 8,000-mark; In case, the index violates the same it can slide another 15 per cent from present levels.
The companies have asked Malaysian ministers and senior government officials to lobby against US imposing tariffs on products made or assembled in Malaysia by Chinese groups
The state-run SAIL has continued to buy steelmaking coking coal from Russia at 75,000 tons per ship
The U.S. Trade Representative's office said it was reducing Brazil's remaining 2020 quota for semi-finished steel imports into the United States to 60,000 metric tons from 350,000 tons
In a communication to the World Trade Organisation (WTO), India said it has substantial trade interest in the sector