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Safeguard Duty on Steel Imports Gives Domestic Mills Pricing Leverage

India’s three-year safeguard duty on select steel imports is expected to curb cheap inflows, improve pricing power for domestic mills, and support margins...

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India Imposes Three-Year Safeguard Duty on Steel Imports to Curb Cheap Inflows

India has imposed a three-year safeguard duty of up to 12 percent on select steel imports to protect domestic manufacturers from a surge...

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India Imposes Five Year Anti Dumping Duty on Cold Rolled Steel Imports from China

India has imposed a five year anti dumping duty on cold rolled steel imports from China to protect domestic manufacturers, following a DGTR...

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Steel Ministry Tightens Scrutiny on ₹4,000-Cr Non-BIS Imports Amid Surge in Quality Violations

The Ministry of Steel has launched an extensive inquiry into a ₹4,000-crore trade in non-BIS-certified steel from Japan, South Korea, and China, given...

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Govt May Double Safeguard Duty on Steel to 24% Amid China Dumping Fears

The government is mulling a doubling of the safeguard duty on steel imports from the existing 12% to up to 24%, aimed at...

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India Plans Tax on Some Low-Cost Steel Imports from China

Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...

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ArcelorMittal Registers 56% EBITDA Decline Following Pressure on Prices

ArcelorMittal/Nippon Steel India, the Indian arm of London-based steel behemoth ArcelorMittal, experienced a sliding-down scenario for its EBITDA to more than halve to...

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India May Hike Import Duty on Finished Steel to Shield Domestic Producers

India is likely to increase steel import duties in a bid to improve domestic steel manufacturers. The Ministry of Steel in India has...

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DGTR Initiates Probe on Steel Safeguard Duty; Shares of Metal Companies Rise

Shares of metal companies, particularly steelmakers, witnessed gains in early trade as the Directorate General of Trade and Remedies (DGTR) began its investigation...