China steel imports
India’s Steel Industry Unshaken by EU Import Curbs, Local Demand to Offset Impact
India may be harming the EU steelmakers, who need more fresh goods; The European Commission in September imposed high import taxes to protect local...
China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom
India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...
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...
According to Crisil, Indian Steel Demand Will Outstrip Growth Globally in 2025
Crisil, an Indian rating agency recently released a report predicting a much faster pace in India than the rest of the world in...
Steel Imports Threaten Domestic Industry’s Growth, Says ICRA in FY25 Outlook
The country’s domestic steel sector will have a very tough year going ahead with capacity utilization likely to slide below 80% for the...
India’s Steel Imports from China Surge 35%, Pressuring Domestic Producers
India’s finished steel imports from China soared to a record 1.7 million metric tons in the first seven months of FY2024 (April-October), marking...
India Proposes 25% Safeguard Duty on Steel Imports Amid Rising Concerns
In a bid to address challenges faced by the domestic steel industry, the Ministry of Steel has proposed a 25% safeguard duty on...
