Metal Stocks: Plunges on Trade War Fear, Tata Steel Down 11.5%

Metal stocks saw a sharp sell-off Monday as US President Donald Trump’s steep tariff hikes and China’s 34% retaliation triggered global trade war concerns. Tata Steel plunged 11.56%, while SAIL, JSW Steel, and Hindalco also faced 8–10% cuts. With a weakening global demand outlook, the BSE Metal Index fell 6.5%, signaling pressure ahead for India’s metal sector amid rising global recession fears.