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NewsSteel DailyTrending News

Steel Duty Hike Could Dent MSME CE Manufacturers, Warns JCB India CEO

The proposed 12% safeguard duty on imported non-alloy and alloy steel flat products could sharply impact micro, small and medium enterprises (MSMEs) in...

ConstructionEquipmentMarket UpdatesNewsTrending News

Safeguard Duty on Steel Imports May Halt Construction Equipment Industry, Warns ICEMA

The Indian Construction Equipment Manufacturers Association (ICEMA) has sounded a warning over a proposed 12% safeguard duty on steel imports, stating that it...

IndustrialNewsSteel DailyTrending News

No Plans to Hike Safeguard Duty on Steel to 20%, Says Steel Secretary

No decision has been taken to hike the safeguard duty on certain steel items to 20%, Steel Secretary Sandeep Pondrik said in an...

Steel DailyStocksTrending News

JSW Steel Hits Record High as Metal Stocks Surge Amid Strong Demand

Metal stocks are witnessing a strong rally on Dalal Street, with JSW Steel hitting an all-time high of ₹1,072 per share. The stock...

Market UpdatesNewsSteel DailyTrending News

India Proposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry

The Indian industry was seeking safeguard measures given the surge in steel imports from countries, particularly from China and Vietnam. The provisional duty recommendation was...

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 Daily

Report: Safeguard Action on Steel Imports Likely to have Minimal Impact

Rising imports have prompted the Ministry to consider levying a safeguard duty on steel imports, but HDFC Securities in a recent report stated that...

NewsSteel DailyTrending News

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...

NewsSteel DailyTrending News

Budget 2025: Jindal Stainless Seeks Import Duty Change to Safeguard Domestic Market

Ahead of the Union Budget 2025, Jindal Stainless has appealed to the government to revise import duties so that homegrown manufacturers do not...

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...