Tata Steel & 7 other stocks in focus as Donald Trump imposes 25% tariff on steel & aluminum

Metal stocks are expected to be in focus today, after President Donald Trump significantly raised tariffs on steel and aluminium imports to a flat 25% “without exceptions or exemptions.” 

The move, aimed at supporting struggling U.S. industries, removes country-specific carve-outs and product-specific exclusions. A White House official confirmed that the new tariffs will take effect on March 4. However, he hinted at a possible exemption for Australia.  

His trade adviser, Peter Navarro, defended the move, stating, “The steel and aluminium tariffs 2.0 will put an end to foreign dumping, boost domestic production, and secure our steel and aluminium industries.”

Following this news, the NIFTY Metal Index, which tracks the performance of metal sector companies in India, experienced a sharp decline today. After a previous close at 8,359.25, the index reached a low of 8,206.90, marking a 1.82% decrease, equivalent to a drop of 152.35 points. 

List of Stocks in Focus After US Tariffs: 

1. Hindalco Industries

A flagship company of the Aditya Birla Group, Hindalco is a leading aluminium and copper manufacturer with a global presence.

The share price of Hindalco Industries Limited went down 0.5 percent to Rs. 593.50 per share on Tuesday, a decline from its previous close of Rs. 596 per share. The market capitalisation now stands at approximately Rs. 86,715 crore as of February 11, 2025.

2. JSW Steel

Part of the JSW Group, JSW Steel is a major steel producer with significant international operations.

The share price of JSW Steel Limited went down 1.10 percent to Rs. 948.55 per share on Tuesday, a decline from its previous close of Rs. 959.15 per share. The market capitalisation now stands at approximately Rs. 2,33,540 crore as of February 11, 2025.

3. Jindal Steel and Power

A part of the OP Jindal Group, Jindal Steel and Power is a leading steel and energy company with a global footprint.

The share price of Jindal Steel and Power Limited went down 1.12 percent to Rs. 831.15 per share on Tuesday, a decline from its previous close of Rs. 840.60 per share. The market capitalisation now stands at approximately Rs. 85,233 crore as of February 11, 2025.

4. Tata Steel

A subsidiary of the Tata Group, Tata Steel is a prominent steel manufacturer with extensive international operations.

The share price of Tata Steel Limited went down 2.33 percent to Rs. 130.92 per share on Tuesday, a decline from its previous close of Rs. 134.04 per share. The market capitalisation now stands at approximately Rs. 1,63,971 crore as of February 11, 2025.

Also read: Chemical stock jumps 12% after reporting 458% YoY increase in net profit

5. Steel Authority of India Limited (SAIL)

A government-owned entity, SAIL is a major steel producer with a broad international presence.

The share price of  Steel Authority of India Limited went down 4.06 percent to Rs. 100.91 per share on Tuesday, a decline from its previous close of Rs. 105.18 per share. The market capitalisation now stands at approximately Rs. 41,904 crore as of February 11, 2025.

6. Vedanta Limited

A diversified natural resources company, Vedanta operates in sectors like zinc, lead, silver, oil & gas, iron ore, steel, copper, aluminium, and power.

The share price of Vedanta Limited went down 2.97 percent to Rs. 422.85 per share on Tuesday, a decline from its previous close of Rs. 435.80 per share. The market capitalisation now stands at approximately Rs. 1,65,859 crore as of February 11, 2025.

7. NMDC Limited

A state-controlled mineral producer, NMDC is India’s largest iron ore producer, with international operations.

The share price of  NMDC Limited went down 4.34 percent to Rs. 61.34 per share on Tuesday, a decline from its previous close of Rs. 64.12 per share. The market capitalisation now stands at approximately Rs. 54,016 crore as of February 11, 2025.

8. National Aluminium Company (NALCO)

A government-owned company, NALCO is a leading producer of aluminium and alumina, with a significant international presence.

The share price of  NALCO Limited went down 5.62 percent to Rs. 180.31 per share on Tuesday, a decline from its previous close of Rs. 191.05 per share. The market capitalisation now stands at approximately Rs. 33,535 crore as of February 11, 2025.

Written By Fazal Ul Vahab C H

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