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Japan and South Korea Raise Concerns Over Steel Shipment Delays in India

Japan and South Korea have flagged regulatory delays impacting steel exports to India, citing quality control norms and safeguard duties, while Indian officials...

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Govt Eases Steel Supply Rules, Waives BIS Certification for 202 Foreign Licences

In a move to ease raw material bottlenecks for domestic steelmakers, the steel ministry has exempted 202 foreign steel licences from mandatory Bureau...

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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...

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India’s Finished Steel Imports Surge 16% in April-February – Exports Plunge 34%

India’s finished steel imports rose sharply by 15.8% to 8.98 million metric tons (mt) during the April-February period of the 2024-25 fiscal year,...

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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...