Metal Shares Plunge 5% Amid US-Iran War, Dollar Surge; NALCO, SAIL Top Losers

• Metal shares fell nearly 5% on March 13 as the dollar hit a three-month high amid the US-Iran war.
• NALCO, SAIL, Hindalco, Hindustan Zinc, Hindustan Copper, and Tata Steel were among the top losers.
• Global aluminum prices retreated from 2022 highs; copper, zinc, and nickel also declined due to Middle East conflict fears.
• Intensifying conflict raises stagflation fears, supply disruptions (Strait of Hormuz), and surging energy costs.
• Experts cite global slowdown, weak China demand, rising input costs, and FII selling for the metal sector's decline.