Trade
Domestic Steel Prices Plunge to Five-Year Low Amid Rising Imports and Weak Export Demand
Domestic steel prices drop to Rs 47,000–48,000 per tonne, a five-year low, amid rising imports and weak export demand; Steel Ministry holds discussions...
JSW Steel to Set Up 0.5 Million Tonne Scrap Processing Facility in Chennai
JSW Steel is setting up a 0.5 million tonne/year scrap processing facility in Chennai to recycle automotive and appliance scrap for Vijayanagar and...
ED Raids 20 Locations Over Illegal Iron Ore Exports, Freezes Rs 12.8 Crore Proceeds
Enforcement Directorate conducts raids on 20 sites over illegal export of 50,000 tonnes of iron ore, seizing Rs 42 lakh and freezing Rs...
India Launches Anti-Dumping Probe into Stainless Steel Imports from China, Indonesia, and Vietnam
India has launched an anti-dumping probe into stainless steel imports from China, Indonesia, and Vietnam after complaints from domestic producers, aiming to protect...
Tamil Nadu’s $1 Trillion Dream Hinges on Bold Infrastructure Investments
Tamil Nadu is betting big on infrastructure to achieve its $1 trillion economy target by 2030. With mega projects including new airports, Global...
Shyam Steel Enters Decorative Paints Market with Macaw Paints Launch in West Bengal
Shyam Steel enters the decorative paints market with Macaw Paints, launched in West Bengal during Durga Puja, with Kartik Aaryan as brand ambassador.
UCCIL Warns 30% Export Duty on Low-Grade Iron Ore Could Hit Industry and State Revenues
UCCIL warns that the 30% export duty on low-grade iron ore could reduce production, hurt domestic prices, and cost mining states over ₹16,200...
India’s Coking Coal Imports to Reach 135 Million Tonnes by 2030 as Steel Demand Surges
India’s coking coal imports may rise to 135 million tonnes by 2030 as steel capacity targets 300 MT, despite Atmanirbhar Coal Mission initiatives.
India May Gain Manufacturing Edge Amid US Tariff Shifts, Says Moody’s
India could emerge as a key beneficiary of shifting global trade dynamics as the United States imposes steeper tariffs on several Asia Pacific...
GTRI Urges India to Halt Trade Talks with US Amid Mounting Pressure
India should suspend all trade negotiations with the United States and engage with the Trump administration in the same way as nations like...
