India’s steel sector gets a boost as the government imposes a long-term safeguard duty on imports. Axis Securities’ Aditya Welekar explains how the move protects domestic steelmakers from cheap Chinese steel, supports flat steel prices, and why volume-led growth, not sharp price hikes, will drive earnings for major steel companies.
Recent Posts
- Nifty 50, Sensex today: What to expect from Indian stock market in trade on April 2 after Trump’s speech on Iran war
- Asian markets today: Kospi, Nikkei 225 reverse gains, fall up to 3% after Donald Trump’s address on Iran war
- US stock futures fall after Donald Trump says Iran war will continue for weeks; Dow, Nasdaq futures drop up to 1%
- Stocks to watch: Maruti Suzuki, Indian Oil, Varun Beverages among 10 shares in focus today
- From Gift Nifty, Trump speech on Iran war to oil prices: 8 key things that changed for Indian stock market overnight