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*Disclaimer: The scripts listed are solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
Steel and iron sector stocks represent companies engaged in the production and distribution of steel, iron and related materials. These firms provide essential raw materials for industries like construction, engineering and transportation. The value of these stocks is influenced by factors such as industrial demand, fluctuations in raw material prices and overall economic conditions.
You can invest in steel and iron sector stocks through online trading platforms like Upstox:
The steel and iron sector encounters various challenges that can impact its growth and profitability. Fluctuations in raw material prices such as iron ore and coal can significantly affect production costs and company earnings.
Economic slowdowns may lead to reduced demand from key industries like construction and manufacturing, lowering overall consumption. Global trade policies, including tariffs and import-export restrictions, can influence market competitiveness and profitability.
Investing in steel and iron sector stocks is suitable for:
Investing in the steel and iron sector provides several benefits like making it an attractive option for investors. As infrastructure and real estate development continue to expand the demand for steel and iron rises, supporting industrial growth.
This sector also adds diversification to an investment portfolio by providing exposure to the metal, mining and manufacturing industries. Many governments actively support steel production through favourable policies and incentives, further boosting industry growth. The steel and iron industry presents promising opportunities to investors to make well informed investment decisions.
Largest Steel & Iron Products sector company is JSW STEEL LIMITED with a market capitalization of ₹267434.50.
Today's Top gainers in Steel & Iron Products sector are:
ELECTROTHERM (I) LTD. (11.88%)
STEEL EXCHANGE INDIA LTD (9.81%)
MANAKSIA STEELS LTD (6.49%)
CHAMAN METALLICS LIMITED (6.38%)
QUALITY FOILS (INDIA) LTD (5.00%)
Today's Top losers in Steel & Iron Products sector are:
VISA STEEL LIMITED (-2.34%)
JAYASWAL NECO INDUSTR LTD (-2.16%)
INCREDIBLE INDUSTRIES LTD (-2.15%)
S.A.L. STEEL LTD. (-1.99%)
MOTHERSON SUMI WRNG IND L (-1.86%)
Most active stocks in Steel & Iron Products sector are:
TATA STEEL LIMITED Vol: 9744427
STEEL EXCHANGE INDIA LTD Vol: 8088812
STEEL AUTHORITY OF INDIA Vol: 8076421
RAMA STEEL TUBES LIMITED Vol: 5439451
NMDC STEEL LIMITED Vol: 5363902