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Shares of ferrous and non-ferrous metal companies slid sharply on Wednesday, dragging the Nifty Metal index down 4 per cent, as escalating West Asia tensions, a stronger US dollar and weakness in global metal prices weighed heavily on investor sentiment.

Metal Stocks Crash Today: Tata Steel, Vedanta fall sharply — should investors buy or sell?

The Maharatna PSU attributed this resilient performance to a "strong sales strategy with continuous endeavour by the SAIL team in the marketplace despite many challenges, including global price pressures and demand volatility arising from various global trade policy uncertainties and geopolitical tensions."

SAIL posts strong sales growth in November, retail volumes surge 69% YoY

Market expert and IIFL Securities Director Sanjeev Bhasin said on Wednesday that he has no doubt that a global rally will be coming in a week.

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SAIL Recruitment 2018: Today is the last day to submit the form for the recruitment of Jr. Staff Nurse Trainee at the Jharkhand unit of Steel Authority of India Limited Jharkhand (SAIL), Interested candidates should complete their registration process if they have not done it so far

SAIL Recruitment 2018: Apply for Junior Staff Nurse Trainee post; Check last date of registration on sail.co.in

"SAIL has supplied TMT rebars, plates and&nbsp;structurals for this 4.94-km long bridge, which has composite &nbsp;welded steel truss girders in its structures," it said.

SAIL supplies 35,400 tn steel for Bogibeel Bridge construction

"SAIL is geared up to supply wheels for LHB coaches to Indian Railways which are currently being imported by them. Currently, SAIL is the only domestic producer of forged wheels which are used for high speed trains and locomotives," he said during the interaction.

Indian Railways LHB coaches set to get SAIL wheels

The government had budgeted Rs 12,637.71 crore for these public sector undertakings (PSUs) for the current financial year

Steel PSUs' capex slashed by 11% to Rs 11,317 cr for FY'19

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&nbsp;The government has taken various corrective steps to address the problems faced by the domestic steel sector and to provide level playing field to the domestic steel producers.

Dumping, predatory pricing to blame for downturn in industry: Steel Minister

Imports in May last year stood at 20.29 million tonnes, according to mjunction services, an online procurement and sales platform jointly floated by Steel Authority of India Ltd (SAIL) and Tata Steel.

Coal imports down 19% to 16 million tonnes in May 