Indian Steel Market
Steel Prices Hit Five-Year Low in India in 2025 Amid Global Trade Pressures
Steel prices in India fell to a five-year low in 2025 despite strong domestic demand, as global trade barriers, excess Chinese supply and...
Steel Industry Pushes for Permanent Anti-Dumping Duty to Counter Import Pressure
India’s steel industry is urging the government to move beyond temporary safeguard duties and implement permanent anti-dumping measures to curb cheap imports, stabilise...
India Emerges as Net Importer of Finished Steel Amid Shifting Trade Trends
India has turned into a net importer of finished steel since 2022–23, with imports overtaking exports despite higher crude steel output and fluctuating...
Sambhv Steel Tubes Moves to Double Annual Capacity with ₹50 Crore Expansion Plan
Sambhv Steel Tubes has approved a ₹50 crore expansion plan that will double its annual manufacturing capacity to 1,16,000 MT by FY26 Q4....
NMDC Raises Baila Lump Iron Ore Price; Second Revision in a Month
State-owned NMDC has increased the Baila Lump iron ore price by ₹50 to ₹5,600 per tonne, marking its second revision in a month...
India Imposes Five-Year Anti-Dumping Duty on Vietnamese Hot-Rolled Steel to Protect Domestic Market
India has imposed a five-year anti-dumping duty on Vietnamese hot-rolled steel after DGTR confirmed underpriced imports were harming local producers, ensuring stronger market...
Fabex Steel Structures Opens ₹120 Crore Manufacturing Unit Near Hyderabad, Targets ₹1,000 Crore Revenue
Fabex Steel Structures has inaugurated a ₹120 crore manufacturing facility at Chityal near Hyderabad. The 40-acre unit boosts annual capacity to one lakh...
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...
Steel Ministry Likely to Offer 15–20 Days Relief to Clear Non-BIS Compliant Imports
The country is most likely to grant a grace period of 15-20 days for clearing steel intermediates that do not comply with BIS...
India’s Steel Imports Drop 27.6% in April-May as China, Japan Shipments Decline
India’s finished steel imports saw a sharp 27.6% year-on-year fall in April-May FY25, as inbound shipments from key suppliers China and Japan declined...
