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The unit was subsequently converted as a limited company in 1972 by the name of 'The Kerala Minerals and Metals Ltd.' with the objectives of better utilisation of mineral wealth found along the sea coast of Kollam and Alappuzha Districts, generation of growth and employment in the state in general and the local area in particular.
Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
After Independence the government decided to authorize the mining of scarce mineral resources to the public sector rather than private sector, although India's National Mineral Policy clearly states that it does not "preclude the State from securing the co-operation of private enterprise in the larger interest of the State or with a view to accelerating the pace of development"
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
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Commercial Metals Company (CMC), headquartered in Irving, Texas, is a producer of rebar and related products for the construction industry. Along with Nucor , it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S.
The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market [1] in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. [2] The company also allows for cash trading.
In an efficient market, a company buying back its stock should have no effect on its price per share valuation. [ citation needed ] If the market fairly prices a company's shares at $50/share, and the company buys back 100 shares for $5,000, it now has $5,000 less cash but there are 100 fewer shares outstanding; the net effect should be that ...