While India's exports of steel and aluminium to the US are limited, the drop in metal stocks occurred amid growing concerns that a potential rise in tariffs could impact global metal demand.

Shares of domestic steelmakers started the week on a high after President Trump moved to double steel and aluminum tariffs to 50%. Nucor's stock was up 10% at $120.64 while shares of Steel ...

During his remarks, Trump said he is going to double the tariff rate on steel from 25% to 50%, a dramatic increase that could further increase prices for the metal used to make housing ...

U.S. buyers are now paying roughly 50% more than their international rivals for this critical metal, used in everything from beer cans to rooftop ventilation. Steel markets also felt the heat. Comex ...

and steel. As China is one of the largest consumers of base metals globally, any signs of stimulus typically lead to a rally in global and domestic metal stocks. The Nifty Metal index gained 1.43 ...

India’s exports of steel and aluminium and their products are expected to take $1 billion hit with the proposed fresh tariff hikes by the U.S.. The proposed tariff is double the current 25% ...

At 10:30 am on May 14, Tata Steel was the top gainer in Nifty Metal index by rising over 4% as the stock also saw bullish brokerage calls post-Q4 results. Shares of NALCO, SAIL, and Jindal ...

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