MetalsMedium impactAfter close

India raises concerns at WTO over UK steel import restrictions

24 May 2026 · 16:07 ISTafter close1 source ↓written by the desknot a recommendation

India has raised concerns at the WTO regarding UK steel import curbs ahead of a new trade deal rollout. This move highlights potential trade tensions that could impact steel prices and trade volumes between the two nations. Traders should monitor developments closely as negotiations progress.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 May 2026, 16:07 IST.

Sourcesnews.google.com

Metals

Read inEN हिं తె मरा த ગુ

1 OctSulphur prices surge due to geopolitical tensionsHighSulphur prices have surged nearly four-fold from $280 per tonne in July 2025 to $1,050 in July 2026, driven by geopolitical tensions including the Russia-Ukraine war and U.S.-Israel actions in Iran. This increase significantly impacts India's import costs and could affect fertiliser and metals processing sectors.
1 OctCopper price remains above $14,400 amid Chile strike risksHighCopper prices remained above $14,400 per ton in London as workers at Antofagasta's Centinela mine voted to strike, raising supply concerns. Three-month futures rose 0.2% to $14,446, amid ongoing tight market conditions.
30 SeptEU scrap rule may impact Indian metalmakers' costsMediumA proposed EU rule may restrict metal scrap shipments to India, raising production costs for metalmakers and impacting MSMEs. This disruption could squeeze margins and operational capabilities in the sector.
30 SeptNLC India forms joint venture with NALCO for power plantMediumNLC India and NALCO approved a 50:50 joint venture to establish a 1,080 MW thermal captive power plant in Angul, Odisha. The project will support NALCO's smelter operations and has received necessary regulatory clearance.
30 SeptVedanta demerger performance review after three monthsMediumVedanta's demerged entities have shown mixed performance over three months. Vedanta Aluminium Metal initially performed well but faced declines, while Vedanta Limited saw strong momentum in May before stabilizing. The market reaction highlights the differing trajectories of these stocks post-demerger.
30 SeptIndian indices close lower amid global volatilityMediumIndian equity benchmarks Sensex and Nifty50 closed lower for the second day, down 242 points (0.3%) and 64 points (0.2%) respectively, driven by high oil prices and global bond yield volatility. Kotak Mahindra and Tata Steel were among the top gainers.

India raises concerns at WTO over UK steel import restrictions

Related