India’s move to impose a 12% safeguard duty on select steel imports is set to dent the auto sector’s profitability in FY26, with...
ByKanmani ChokkalingamMay 30, 2025A grouping of MSMEs (Micro, Small and Medium Enterprises) in the steel industry is readying a move to push the government to withdraw the...
ByKanmani ChokkalingamMarch 22, 2025Imports of steel into India plunged 40% in February to 0.6 million tonnes the lowest level since April. This drop was 29% lower than January’s...
ByKanmani ChokkalingamMarch 10, 2025An announcement on the safeguard duty, which has been anticipated by the Indian steel industry, was widely expected in the first two weeks of...
ByKanmani ChokkalingamFebruary 24, 2025Rising imports have prompted the Ministry to consider levying a safeguard duty on steel imports, but HDFC Securities in a recent report stated that...
ByKanmani ChokkalingamFebruary 20, 2025The Indian government is mulling to protect micro, small, and medium enterprises (MSMEs) from a possible increase in steel prices if safeguard duties...
ByKanmani ChokkalingamFebruary 19, 2025