Page 3 - Zinc

Vedanta's consolidated Q2 PAT down 40% at Rs 1,644 cr on higher tax outgo

Company's bottom line takes a hit even as expenses decline 16% YoY; net sales down 4.3%

Trading strategies for zinc and nickel by Tradebulls Securities

On the daily scale, Zinc has witnessed a crossover of 20 and 50 EMA, suggesting fresh sign of bullishness

Hindustan Zinc, Gujarat govt sign pact to set up zinc smelter plant

Vedanta Group firm Hindustan Zinc Ltd (HZL) on Wednesday said it has signed a pact with Gujarat government to set up a greenfield zinc smelter in the state. The project will entail an investment of up to Rs 10,000 crore. Spread over 415 acres, the facility will entail an investment of Rs 5000- 10,000 crore in phases, creating more than 5,000 direct and indirect jobs and will be operational by 2022, HZL said in a statement. "HZL...signed a Memorandum of Understanding (MoU) with Government of Gujarat to set up 300 KTPA (kilo tonnes per annum) greenfield zinc smelter at Doswada, GIDC (Gujarat Industrial Development Corporation)," the statement said. The new facility - the first for Hindustan Zinc in Gujarat - will be set up with zero discharge technology and will be among the lowest-cost smelters in the world. This is one of the largest MoUs signed by the state under the States new industrial policy, which gives extra benefits to the companies investing in backward tribal districts,

Trading strategies for crude oil and zinc by Tradebulls Securities

Crude oil has made 'Piercing line' candlestick pattern on daily scale, which has bullish implementation

Mined zinc production in India declined 5% in June quarter: Vedanta

Giving an update on its zinc production in the country, the company said the "mined metal production for Q1FY21 was 202,000 tonnes

Domestic non-ferrous outlook negative as global metal prices crash: Icra

Covid-19 outbreak drags aluminium prices by 16%, zinc by 23%, copper by 20%

New technology adds zing to Indian Railways; zinc-coated rails to be used

According to a source close to the development, the railway requirement will be about 1,000 track kilometre or approximately 120,000 tonnes of zinc every year

Zinc, aluminium at multi-year lows as coronavirus devastates commodities

Decline in silver over 3%, gold holds fort with a marginal loss

Metals sector eyes recovery as prices rise after scraping the bottom

Steel, iron ore firms gain pricing power, hope for demand revival in base metals

Commodity outlook by Tradebulls Securities: Sell gold, buy zinc

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

Mindless ways of state apparatus

A notification is drafted at a junior level and goes through several layers in the bureaucracy before it is signed by the minister

Zinc looks to make inroads into solar, fertilizer segment for consumption

Zinc coated (galvanized) steel is the most effective and inexpensive way to protect steel from the corrosive effects of weather, temperature and oxygen

Fitch lowers 2019 zinc price to $2,500 a tonne despite strong fundamentals

Ongoing US-China trade war weighing on prices even as production declines by 1.1% y-o-y in Jan-Jun, while consumption grows by 2.3% in the same period

Commodity outlook by Tradebulls Securities: Buy Zinc, sell Natural Gas

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

Zinc, the metal investors love this year, has an ugly sister

Zinc, used to rustproof steel, has jumped 38 per cent this year to become the best-performing industrial metal

Deepening deficit makes zinc one of 2016's top bets

Global mine supply seen set for 'record shortage' this year

Zinc futures down 0.44% on global cues

The metal for delivery in June softened by 45 paise, or 0.36%.

Zinc up by 0.1% on global cues

Besides, an increased demand from consuming industries at spot markets fuelled the uptrend

Zinc down by 1.2% on weak global cues

Muted demand from consuming industries in the spot market also fuelled the downtrend