Reuters logo
MARKET EYE -India's steel stocks gain after positive China signals
June 3, 2014 / 4:27 AM / 3 years ago

MARKET EYE -India's steel stocks gain after positive China signals

* India's steel stocks gain after positive manufacturing data in
a private survey in China, the world's biggest consumer and
producer of the metal.
* Tata Steel gains 2.5 percent, Steel Authority of
India is up 2.5 percent, while JSW Steel 
rises 1 percent.
* China's factory sector turned in its best performance in four
months in May as export orders improved although activity still
contracted, a private survey showed on Tuesday, adding to signs
the economy may be stabilising. 

 (abhishek.vishnoi@thomsonreuters.com /
abhishek.vishnoi.thomsonreuters.com@reuters.net)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below