domestic steel market
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Steel Mills Cut Production as Imports Surge, Trade Deficit Widens
In a development that could put upward pressure on domestic steel prices, key Indian steel makers, barring Jindal Steel and Power Ltd (JSPL) have...
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India Proposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry
The Indian industry was seeking safeguard measures given the surge in steel imports from countries, particularly from China and Vietnam. The provisional duty recommendation was...
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Tata Steel and JSW Steel Grapple with Shrinking Cash Reserves Amid Industry Challenges
The two largest steelmakers in India are swiftly burning holes in their pockets. Analysts, therefore, get worried about servicing debt and financing big...
