Morgan Stanley sees steel bull run after govt duty, Steel stocks in focus
- Posted on January 1, 2026
- By Financial Express
- 3 Views
Morgan Stanley sees steel bull run after govt duty, Steel stocks in focus
Morgan Stanley has turned bullish on Indian steelmakers after the government’s 3-year safeguard duty. The brokerage says Tata Steel, JSW, and SAIL could see up to 43% profit surge by FY27 as domestic prices rise.
