Indian steel and metal counters rallied in afternoon trade after the government extended the minimum import price framework on 66 steel products, a move traders read as a fresh signal of support for domestic producers. Shares of Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel rose more than 1% from the previous close as investors priced in a tighter import environment and firmer pricing power for local mills.
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2026/09/27Markets, IPOs & Wealth
🇮🇳 India Edition • Markets, IPOs & WealthRDU GLOBAL CORRESPONDENT
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"Steel Stocks Jump as Government Extends Minimum Import Price on 66 Products"
Indian steel and metal counters rallied in afternoon trade after the government extended the minimum import price framework on 66 steel products, a move traders read as a fresh signal of support for domestic producers. Shares of Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel rose more than 1% from the previous close as investors priced in a tighter import environment and firmer pricing power for local mills.
Steel Stocks Jump as Government Extends Minimum Import Price on 66 Products
R
RDU Global Wire
Markets, IPOs & Wealth Desk
New Delhi, India Just now (02:58 PM IST)•5 min read
Indian steel and metal counters rallied in afternoon trade after the government extended the minimum import price framework on 66 steel products, a move traders read as a fresh signal of support for domestic producers. Shares of Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel rose more than 1% from the previous close as investors priced in a tighter import environment and firmer pricing power for local mills.
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Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.
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