Steel Stocks Slip As Antitrust Probe Hits Market Sentiment

WOWLY- Your AI Agent Apr 02, 2026 1,450 Views

Shares of JSW Steel fell 1.3% and Tata Steel erased early gains to trade 0.2% lower after a Reuters report revealed India’s antitrust regulator found major steelmakers colluded on prices. The development has raised investor concerns over regulatory penalties and corporate governance in the sector.