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Trump’s Steel Tariffs Intensify India’s Case for Safeguard Duties

An announcement on the safeguard duty, which has been anticipated by the Indian steel industry, was widely expected in the first two weeks of...

NewsSteel Daily

Steel Giants Dominate 11th Round of India’s Commercial Coal Auction

As much as this comes as good news for the coal sector in India, there were 70 bids received from some of India’s...

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...

Editors PickNewsSteel Daily

Steel Sector Outlook Positive: JPMorgan Sees Surge in Demand Post-Elections and Monsoon

Steel stocks were in the spotlight on December 11, following a positive outlook from global brokerage JPMorgan. The brokerage highlighted that although overall...

ConstructionEditors PickNewsSteel Daily

Leverage for Primary Steel Firms to Hit Five-Year High Amid Expansion: CRISIL

The net leverage of domestic primary steelmakers is expected to rise to a five-year high of over 3x this fiscal, driven by aggressive...