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Trump’s 50% Steel Tariff May Not Hit India Directly, but Global Trade Sentiment at Risk

Former US President Donald Trump has announced a sharp hike in import tariffs on steel and aluminium, doubling them to 50% starting June...

IndustrialMarket UpdatesNewsSteel Daily

Hindalco Plans $5 Billion Expansion -Targets 4x Growth in Recycling by FY30

Hindalco Industries on Wednesday announced an aggressive expansion plan, investing over $5 billion to ramp up aluminium and copper capacity as well as to...

IndustrialMarket UpdatesNews

Hindalco to Infuse $5.2 Billion to Expand its Metals Business

Hindalco Industries, one of India’s biggest aluminium and copper producers, has unveiled a ₹450 billion ($5.21 billion) investment to expand its metals presence. The...

NewsSteel DailyStocksTrending News

Steel Stocks Drop on Trump’s New Tariff Imposition on Imports

Shares of steel and aluminum declined on Monday as Trump put a new blanket tariff of 25% on all steel and aluminium imports....

NewsSteel DailyTrending News

DGTR Initiates Probe on Steel Safeguard Duty; Shares of Metal Companies Rise

Shares of metal companies, particularly steelmakers, witnessed gains in early trade as the Directorate General of Trade and Remedies (DGTR) began its investigation...

Editors PickNewsSteel Daily

China Ends Aluminium, Copper Export Subsidies: Impact on India’s Market and Prices

China’s recent decision to terminate export subsidies for aluminium and copper has sent shockwaves across global metals markets. Aluminium prices on the London...