Metal stocks struggle amid worries over Trump tariffs; JSW Steel, Tata Steel, Hindalco fall 3-4%

Prominent metal stocks—Tata Steel, JSW Steel, and Hindalco Industries—plunged 3-4 percent, securing a spot among the worst-performing Nifty 50 stocks. The selling pressure wasn’t limited to individual names, as the Nifty Metal index nosedived over 2 percent, emerging as the biggest sectoral ***** of metal companies reeled under selling pressure on February 10 after US President Donald Trump threatened to impose 25 percent tariff on all imports of steel and aluminium later ***** speaking to reporters aboard Air Force One on Sunday, announced that the tariffs would apply to metal imports from all countries. However, he did not specify when the duties would take effect. While the Trump's overall tariff ambitions remain uncertain, his threats have raised concerns over the disruption in metal supply and demand in the global markets. Likewise, prominent metal names like

, Steel and Hindalco Industries slipped around 3 percent in trade, grabbing a seat on the list of worst Nifty 50 performers today. Other names like Steel Authority of India, Vedanta, NMDC, NALCO and Jindal Steel were also down 3-4 percent. The Nifty Metal index also tanked over 2 percent, making it the worst hit sectoral index.