The Economic Times

Metals to shine? Hindustan Copper, Tata Steel, other stocks plunge up to 14% in one month; what lies ahead?

Metal stocks have plunged recently due to geopolitical tensions and hawkish Fed commentary. However, experts anticipate a near-term surge in metal prices, driven by the Iran-US conflict and rising oil costs. Supply disruptions in the Middle East are particularly impacting steel and aluminum markets, with potential implications for Indian producers.