A combination of bad news across its operating industries has made Vedanta one of the biggest losers this year among the 10-member S&P BSE India Metal Index.
Yunnan Metallurgical Group, which controls Yunnan Aluminium Co Ltd, will be merged into China Copper Co, a joint venture between Chinalco and the Yunnan provincial government.
The United States Steel Corp is re-hiring or recruiting around 500 workers as it readies for production in mid-June at a blast furnace it idled in 2015.
