In early 2025, global metal stocks, including Indian giants like
VEDL
,
JSWSTEEL
, and
HINDZINC
, faced sharp declines after President Trump proposed a 25% tariff on steel and aluminum imports. The Nifty Metal Index dropped 3.37%, with major companies falling up to 6% due to fears of supply chain disruptions and rising costs.
By April, markets rebounded as Trump paused the tariffs for 90 days. Indian indices rose, and metal stocks recovered 3.9%–4.2%. However, U.S.-China tensions kept volatility high.
Looking ahead,
HINDZINC
expects strong growth, with higher production and bullish metal price forecasts. It also plans restructuring and regional expansion.
Bottom line: Tariff-driven volatility persists, but select metal stocks show long-term potential.