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India’s Finished Steel Imports Surge 16% in April-February – Exports Plunge 34%

India’s finished steel imports rose sharply by 15.8% to 8.98 million metric tons (mt) during the April-February period of the 2024-25 fiscal year,...

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India Awaits Tariff Clarity for Steel Trade Strategy: Kumaraswamy

The Indian government is adopting a cautious approach to its steel trade strategy, awaiting clarity on the tariffs imposed by the United States....

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India’s Steel Industry Faces Mixed Prospects Amid U.S. Tariffs

The U.S. government’s move to slap a 25% tariff on steel imports has evoked mixed responses from India’s steel producers. While some manufacturers view...

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Steel Companies Poised for Higher Earnings in Q4: Prabhudas Lilladher

The improving trends in the coking coal global trade market, as well as sector-wise steady demand, will shoot up per-tonne earnings for Indian...

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Steel Imports Threaten Domestic Industry’s Growth, Says ICRA in FY25 Outlook

The country’s domestic steel sector will have a very tough year going ahead with capacity utilization likely to slide below 80% for the...