BUZZ-Indian metal stocks fall as Sino-U.S. trade worries re-emerge


** Shares of Indian metal cos Tata Steel Ltd, Vedanta Ltd, Steel Authority of India Ltd, Hindalco Industries Ltd and Jindal Steel and Power Ltd fall between 3.4 pct and 6.5 pct

** 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 metals consumer China

** Jindal Steel and Power’s stock hits lowest level since Oct. 5, 2017

** The Nifty Metal index falls as much as 3.5 pct in its sharpest intraday fall since Oct. 11

** Hindalco Industries, which marks its biggest daily fall in over two weeks, is the top pct loser on the weaker NSE index

Our Standards:The Thomson Reuters Trust Principles.


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