Steel Daily
India, EU Resume Free Trade Agreement Talks After Eight-Year Pause
The negotiations for a Free Trade Agreement (FTA) between India and the European Union (EU) officially restarted today after a gap of over...
Shyam Metalics Reports Surging YoY Stainless Steel & Aluminium Foil Sales, Despite MoM Dip
Shyam Metalics and Energy Ltd have shown strong YoY growth in February 2025 for sales of stainless steels and aluminium foils, aided by improved...
Karnataka Greenlights ₹138 Crore Steel Plant in Tumakuru
The Karnataka government has accorded in-principle approval for a new steel manufacturing plant to be established in the Sira Industrial Area of Tumakuru...
India’s Steel Imports Drop 40% in February Amid Safeguard Duty Concerns; Exports Plunge 60%
Imports of steel into India plunged 40% in February to 0.6 million tonnes the lowest level since April. This drop was 29% lower than January’s...
Rumors of 12% Steel Import Levy Cause Uncertainty in Indian Market
Reports in the Indian press are abuzz with speculation of a 12% temporary safeguard duty on steel imports to shield domestic producers from rampant...
AMNS India Faces Potential Output Cuts Amid Raw Material Import Restrictions
Indian government restrictions on the imports of key raw materials will force ArcelorMittal Nippon Steel Limited (AMNS) India to cut steel production and...
ArcelorMittal-Nippon to Invest ₹1.47 Lakh Crore in Andhra Pradesh Steel Plant
ArcelorMittal-Nippon Steel is to invest a whopping ₹1,47,162 crore in setting up a steel plant in Nakkapalli mandal of Anakapalli district, giving a big...
India Awaits Tariff Clarity for Steel Trade Strategy: Kumaraswamy
The Indian government is adopting a cautious approach to its steel trade strategy, awaiting clarity on the tariffs imposed by the United States....
India’s Steel Industry Faces Mixed Prospects Amid U.S. Tariffs
The U.S. government’s move to slap a 25% tariff on steel imports has evoked mixed responses from India’s steel producers. While some manufacturers view...
MOIL Achieves Record February Manganese Ore Production, Slightly Below January
State-owned MOIL Limited in India produced 153,000 metric tons of manganese ore in February 2025, a 1.3% increase year on year. The firm noted it...
