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The Economic Times — Marketseconomictimes.indiatimes.com

Metal companies' hot run comes to an end as West Asia cools off (opens original article in a new tab)

TL;DR

Metal company stocks declined due to falling prices, reduced demand from West Asia peace talks, and concerns over US interest rates.

  • Metal companies' shares fell as prices dropped and investor sentiment worsened
  • Peace talks in West Asia reduced demand for metals, leading to lower prices
  • US Fed rate hike expectations and a strong dollar pressured metal stocks

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