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China Emerges as Top Steel Exporter to India in April 2026 Despite Import Tariffs

China's finished steel exports to India more than doubled to 232,000 tonnes in April 2026, making it the largest exporter to the country...

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Jindal Steel Returns to Profit in Q4 FY26, Driven by Angul Expansion and Strong Demand

Jindal Steel reports Rs 1,045 crore Q4 profit, driven by Angul expansion, higher volumes and supportive steel prices amid strong domestic demand outlook

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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...