Metal stocks on the upswing, Hindustan Copper and Tata Steel shares also fall 14%, what next?

• Stocks fall due to Iran war

• Tata Steel and Hindustan Copper also hit

• A whopping 14 percent drop

Because of the Iran war Rising crude oil prices have affected stock markets around the world. This has not affected the Indian stock market either. In the last few days, shares in the metal sector have fallen sharply. Shares of companies such as Hindustan Copper, Tata Steel, JSW Steel and Hindalco Industries have fallen between 7% and 14% in the past month. The US Federal Reserve’s tightening policy has also contributed to the fall in metal stocks. However, according to experts, the geopolitical crisis may increase the prices of metals in the future.

Currently Iran Israel of war All areas are affected. But we see more impact on stocks and oil prices, as well as gas. Meanwhile, the shares in the stock market have fallen a lot and strong companies like Tata Steel and Hindustan Copper have also been affected.

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Which stocks fell by how much in one month?

• Hindustan Copper: 14%
• Hindustan Zinc: 13%
• Tata Steel and JSW Steel: 11%
• Adani Enterprises: 10%
• Hindalco Industries: 7%

3 main causes of decline

• The Fed Chairman has decided not to cut interest rates. High inflation and Donald Trump’s tariff policies are likely to keep interest rates high, which is negatively impacting the metals industry
• The crisis in the Middle East has sent oil prices skyrocketing, adding to global inflationary pressures
• Tensions between the Red Sea and the Strait of Hormuz have affected shipping lanes, increasing freight costs.

What are the experts’ opinions?

According to a report by Elara Capital, metal prices are showing signs of improvement. Hot-rolled coil (HRC) prices increased by 13% and primary rebar prices by 20%. This can increase the profitability of steel producers. The Middle East accounts for 8% of the world’s total aluminum production. The ongoing war there and gas shortages are likely to keep aluminum prices high.

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What will be the impact on India?

Cargo from India to Europe is now sent via the Cape of Good Hope, which has increased the transit time by 10-20 days. However, demand and prices are improving in the domestic market. Investors are now focused on the RBI’s Monetary Policy Committee (MPC) meeting in April, which will decide the future direction of the market.