India steel industry
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...
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...
India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns
On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...
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 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...
SAIL Confident of Growth, to Invest $800 Million in New Rail Mill
In a bid to solidify India’s rail infrastructure, the state-run Steel Authority of India Limited (SAIL), has unveiled plans to invest around $800 million...
EU’s Carbon Border Policy Can Disrupt India’s Steel Sector: Study
The European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) poses serious financial and technological challenges for the small and medium-sized steel enterprises in...
Chintan Shivir in Bengaluru to Blueprint Future of India’s Steel Industry
Ministry of Steel organized a day-long Chintan Shivir in Bengaluru recently, wherein prominent steel players were present to brainstorm for the future of India’s...
India’s Steel Industry Under Pressure: Rising Dumping Concerns Amid Trump’s Tariff Plans
India Steel Braces for Jolt from Trump’s Tariff Threat. This spells doom for the Indian steel industry, as it was in flames when...
Baldota Group to Invest ₹54,000 Crore in Karnataka for Integrated Steel Plant
Karnataka-based Baldota Group announced a massive investment of ₹54,000 crores in setting up an integrated steel plant in Koppal. The company, functioning under...
