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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.

ConstructionIron OreMetalMiningNewsSteel DailyTrending News

Government Engagement to Make Iron Ore Affordable Aims to Lower Steel Prices: ISA

The Indian Steel Association (ISA) is working with the government to make iron ore more affordable, aiming to reduce steel production costs and...

ConstructionGSTIndustrialInfrastructureMarket UpdatesNewsSteel DailyTrending News

Steel Demand to Accelerate in H2FY25 as Construction and GST Cuts Drive Growth: Naveen Jindal

India’s steel demand is set to grow at double-digit rates in H2FY25, driven by post-monsoon construction, GST cuts on cement, and lower taxes...

IndustrialNewsSteel DailyTrending News

Commerce Ministry Recommends Three-Year Safeguard Duty on Steel Imports Amid Rising Inflows

To safeguard local manufacturers from a “serious surge” of imports, the Directorate General of Trade Remedies of the Ministry of Commerce has made...

Market UpdatesNewsSteel DailyTrending News

India Slaps 12% Safeguard Duty on Steel Imports Amid Surge, Industry Concerns

In a move aimed at curbing a surge in steel imports that threaten domestic producers, the Indian government has imposed a 12% safeguard...

Market UpdatesMSMENewsTrending News

MSME Steel Players Raise Concerns Over Proposed 12% Safeguard Duty

A grouping of MSMEs (Micro, Small and Medium Enterprises) in the steel industry is readying a move to push the government to withdraw the...

Market UpdatesNewsSteel DailyTrending News

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...

NewsSteel DailyTrending News

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...

NewsSteel Daily

Centre Mulls Review of Import Barriers as MSMEs Protest Steel Protectionist Measures

In a growing debate on the impact of import restrictions on various sectors, the Indian government may review the protective barriers that currently...

NewsSteel Daily

India’s Green Steel Taxonomy to Drive Decarbonization in the Steel Industry

Experts announced that India’s green steel taxonomy delineated by the Ministry of Steel on December 31, is viewed as attempting to kick off...