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India Turns Net Exporter of Finished Steel in April–December, Exports Rise 33%

India emerged as a net exporter of finished steel during April to December of the current financial year, supported by higher shipments, policy...

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SAIL Posts Strong Growth with Record December Sales, Outlook Remains Positive

Steel Authority of India Limited posted its highest-ever December sales at 2.1 million tonnes in 2025, supported by strong domestic demand, rising exports,...

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Safeguard Duty on Steel Imports Gives Domestic Mills Pricing Leverage

India’s three-year safeguard duty on select steel imports is expected to curb cheap inflows, improve pricing power for domestic mills, and support margins...

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India Imposes Three-Year Safeguard Duty on Steel Imports to Curb Cheap Inflows

India has imposed a three-year safeguard duty of up to 12 percent on select steel imports to protect domestic manufacturers from a surge...

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Steel Policy Contradictions Could Raise Costs and Slow Growth: GTRI

Contradictory steel policies in India are raising production costs and weakening competitiveness, as protection for finished steel clashes with curbs on key inputs...

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Steel Consumption in India Projected to Grow 9–10%: Steel Secretary

India’s steel sector is set for 9–10% growth this year, supported by GST 2.0 reforms, construction demand, and government safeguards. Steel Secretary Sandeep...

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BMW Industries to Invest ₹803 Cr in Jharkhand Plant, Eyes High-End Steel Market

Steel maker BMW Industries will invest ₹803 crore to set up a 0.5 million tonne (MnT) cold rolling complex in Bokaro, Jharkhand, as...

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India Steps Up to Cut Steel Imports, Eyes Export Growth and Domestic Strength

The Indian administration has introduced several measures, including a policy, to strengthen its domestic manufacturing capacity and exports and limit steel imports. This...

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Indian Steel PSUs Tap Global Markets, Eye 300 MT Output by 2030

In a strategic move to secure raw materials and boost India’s steel production, three major public sector undertakings SAIL, NMDC, and MECON are...