09 Oct 2025 | 3 Mins Read
Metal stocks bounce back with Hind Copper and Tata Steel at the forefront
Flipitmoney
Metal shares rose 1.6% on October 9, with Hindustan Copper, SAIL, and Tata Steel surging 4.6%, 3.07%, and 3.05% respectively. Copper prices increased due to supply concerns, including Grasberg mine's outage. Rate cut expectations also boosted copper, and the European Commission proposed cutting steel import tariffs to help EU steel producers.