Trump Fees on Steel: Trump’s New War … 50% of the fees are imposed on these things, understand what the impact of India is – Donald Trump charges 50% have a steel impact on the India stock market

Donald Trump has fought another war on the steel sector. US import fee has increased from 25 percent to 50 percent, that is, the fee of steel imports is now 50%. Trump hopes that this new rule will give the US a new strength to Steel. The US in Pennsylvania.

This new fee will be implemented from Wednesday. Apart from steel, a similar increase in aluminum charges is going to happen. The move has been taken at a time when the domestic steel prices have increased by 16 percent since Trump’s return to power in January. According to the business sector, the US was priced at 4 984 per metric tonnes in March, which was more than 90 690 in Europe and 2 392 for China’s Matric ton.

These countries see India
The tariff hike is going to shake the global trade mechanism. Steel and aluminum exports are now seeking alternative ways, including India, from major manufacturers such as China and Brazil, which have now left the US market. Researchers have warned that India, which is already struggling with global enthusiasts, is likely to increase the increase in cheap steel. This will reduce domestic prices and margins.

What impact will be in India?
US President Donald Trump’s decision to double the cost of steel and aluminum imports will affect US $ 4.56 billion exports to US $ 4.56 billion exports. In the fiscal year 2025, India exported US $ 4.56 billion worth of iron, steel and aluminum products.

This includes US $ 587.5 million iron and steel, $ 3.1 billion iron or steel articles and $ 860 million in related articles. Due to increasing fees, India’s market is a challenge.

These companies can have more impact
Technical signals point to the short -term speed in India as its mixed symptoms are visible, while the basic pressure circles. Tata Steel broke down the fall with the RSI 70.19 in the weekly rankings, with a number of ₹ 157.50. Advised to buy for 150.90. Due to the weakness of the European market and the cost of high kitchen coal, its profit Q4 FY25 fell 5.61%.

On the contrary, JSW Steel registered an annual growth in the net profit, with the help of a cost -effective and strong EPITDA edge, which is Rs 1,503 crore, although its 12.43% annual income is behind 84.37% of the Nifty Metal Index, which reflects the caution with the debt and capital. In April, in April, the sale of 18% of the share fall was restored by 13.6% in May and the global prices fell by less than Rs 47,000 per tonne.

What impact will be on the stock market
The Nifty Metal Index, which registered an 8% decline in April, rose 4.78% after the US fare suspension. Stock sectors such as Vedanta (P/E 12.57) trade above average, while the 6.33% of Hindustan’s zinc yield is due to negative ROE. For a short period of time, Jindal Steel and Power shows out up to 1,008, and Tata Steel is technically strong. In such a situation, the implementation of this fee is likely to decline in this field.

Top with Japan’s Steel Company
Trump’s payment results have been taken as a large in the US steel nippon steel controversy. Trump has changed his position last week after a long -term opposition to the foreign owner of the famous steel manufacturer, and is now handling Japan’s Nippon Steel. However, things about the contract are not yet clear. Trump told the plant staff that this popular American company would always be a US company. You will be an American company and you know this?

Central and state officials say the agreement includes the purchase of US steel and billions of dollars in the five states – Pennsylvania, Indiana, Alabama, Arcansas and Minnesota. It has an American leadership committee and a group, which has a “Golden Share” mechanism, which gives Washington a veto right to the main results.

Source link

Related Articles

Back to top button