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Indian Metal Cos Focused on Domestic Demand, Resilient to US Tariffs

Millennium Post Delhi

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New Delhi 07April2025

Domestic steel demand is forecast to grow by 10 per cent annually over the next few years

NEW DELHI: Indian metal companies are gearing up for significant expansions in FY26, focusing on growing domestic demand, notwithstanding global trade headwinds. While the United States has announced certain tariffs on metals, companies like Vedanta, JSW Steel, Hindustan Zinc (HZL), and NALCO are also betting on India's strong demand, the global race for critical minerals, and strategic geographic diversification to drive growth, analysts said.

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