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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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India Surges Ahead in Steel Growth, Eyes 300 MTPA Capacity by 2030

India is poised to become the third-largest global steel powerhouse, aiming for a crude steel capacity of 300 million tonnes per annum (MTPA)...

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India a Net Steel Importer for Second Year in FY25 as Imports Rise, Exports Fall

India A Net Steel Importer For Second Year In FY25 as Imports Rise, Exports Fall India stayed a net importer of steel for...

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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...

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According to Crisil, Indian Steel Demand Will Outstrip Growth Globally in 2025

Crisil, an Indian rating agency recently released a report predicting a much faster pace in India than the rest of the world in...

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The Proposed Duty on Steel Imports Could Make Pricing Soar in 2025: Crisil

According to rating agency Crisil, Indian steel prices are expected to rise considerably, given that the proposed safeguard duty on steel imports will...

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India’s Steel Imports from China Surge 35%, Pressuring Domestic Producers

India’s finished steel imports from China soared to a record 1.7 million metric tons in the first seven months of FY2024 (April-October), marking...