scorecardresearchIs the imposition of export duties bad news for steelmakers? What should you do?

Is the imposition of export duties bad news for steelmakers? What should you do?

Updated: 25 May 2022, 08:12 AM IST
TL;DR.
  • While the government's move is aimed at reining the soaring inflation, it is seen as bad for steelmakers.
Metal stocks have been melting in May so far. The BSE Metal index has fallen more than 18 percent in May so far against a 5 percent fall in the market benchmark Sensex. REUTERS/Wolfgang Rattay/File Photo

Metal stocks have been melting in May so far. The BSE Metal index has fallen more than 18 percent in May so far against a 5 percent fall in the market benchmark Sensex. REUTERS/Wolfgang Rattay/File Photo