😱 Metal Mayhem! Why Hindustan Copper, Tata Steel & Co Dipped Up to 3.5% Today… 😱
- MediaFx
- Jul 9
- 2 min read
TL;DR: Domestic metal stocks like Hindustan Copper, SAIL, Tata Steel, Vedanta, NMDC and Hindalco dropped between 1–3.5% on 9 July 2025, triggered by U.S. President Trump’s announcement of a 50% tariff on copper imports. 🚨 This move extended earlier tariffs on steel and aluminium and rattled investor confidence, sparking worries that more metals could be hit next. Copper futures surged then cooled down sharply. Indian metal players face shaken global demand and price volatility. #StayAlert #MarketWatch
🇺🇸 What Just Happened?
Today (9 July 2025), Trump announced a 50% tariff on copper imports in a Cabinet meeting, stating, “we’re doing copper” next. The effective date is not confirmed yet, but markets are already reacting.
This follows previous boosts on steel and aluminium tariffs, which had already alarmed global trade watchers.
📉 Impact on Indian Metal Stocks
Hindustan Copper fell the most by 3.5% to ₹264, with SAIL down 2.35% to ₹131.82.
Other major fallers included Tata Steel, Jindal Stainless, Vedanta, NMDC, Hindalco Industries, Hindustan Zinc, and Jindal Steel & Power, all slipping over 1%.
🔍 Why the Freefall?
Global Demand Shock: Export disruption as U.S. importers avoid higher duties. Copper futures on Comex saw a 17% spike ahead of tariff news, then dipped back over 4%.
Path of Escalation: Markets suspect more metals may get targeted next, unsettling investor sentiment.
Trade War Fallout: Trade tensions with tariffs on steel, aluminium and now copper amplify uncertainty. Previously, metal stocks had plunged up to 9% in April during similar tariff news.
Price Volatility: LME copper dropped 2.4% at Wednesday open before recovering slightly.
🤔 What's the Bigger Picture?
This tariff move fuels global recession concerns. In April, metal stocks plunged as much as 19% in a week amid tariff fears.
India could face dumping from countries rejected by the US, increasing domestic competition and adding stress to local producers.
Analysts urge caution; domestic-focused metal players might fare better as global operations get hit harder.
📊 Investor Take: What Should You Do?
Hedge your bets: Focus on players with strong local demand—like NMDC, SAIL, Hindustan Zinc—who may weather global tariff shocks.
Watch global copper prices: Any sign of new tariffs or retaliatory moves will keep volatility high.
Prepare for policy ripple effects: Domestic consumption sectors—auto, infra, telecom—may see input cost shocks, affecting their profitability.
✌️ MediaFx Opinion (From People’s Perspective)
Yaar, isn't it super unfair that global policy moves like this hit working folks hardest? 🤨 Our metal mills and miners in Telangana and Andhra Pradesh deserve stronger support! Time for our leaders to stand up, protect local communities and protect jobs—not just profit margins. 💪 From a people’s perspective, we need fair trade, open markets, and safeguards for labour. Let's hope our government pushes back or cushions the blow!
🗣️ What’s Your Take?
Drop a comment below 🔽—what do you think, is India strong enough to face this tariff shock? Which metal stock are you watching closely?
