** Indian metal stocks .NIFTYMET drop 1.15%, with 12 of its 15 constituents in red
** Drop comes after U.S. President Donald Trump signed memorandum that directs Committee on Foreign Investment in the US to restrict Chinese investments in strategic areas
** Restrictions could hurt demand for metals in China, the world's top consumer and producer of metals, analysts say
** Dollar strength also continues, which could impact the input price for metals MET/L
** Stronger dollar makes it more expensive for holders of other currencies to buy metals
** Hindalco HALC.NS top pct loser on the index, down 2.7%
** Vedanta VDAN.NS and JSW Steel JSTL.NS also among top losers, down 2.8% and 1.4%, respectively
** The index is down about 3.8% so far this year vs a 4.5% loss in Nifty 50 .NSEI
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))