Steel Stocks Rally After Government Extends Minimum Import Price on 66 Products
Indian steel and metal stocks advanced in early trade after the government extended the minimum import price regime on 66 steel products, a move seen as supportive for domestic producers facing pressure from cheaper imports. Shares of Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel rose more than 1% from the previous close, reflecting renewed investor confidence in pricing discipline across the sector.
