Steel Imports
JSW Steel Posts Strong Q1 FY26 Results, Stays Wary Amid Import Threats
For the FY26 first quarter, JSW Steel produced a fine set of numbers with net profit at ₹2,209 crore-more than double from ₹867...
Steel Ministry Likely to Offer 15–20 Days Relief to Clear Non-BIS Compliant Imports
The country is most likely to grant a grace period of 15-20 days for clearing steel intermediates that do not comply with BIS...
India Offers Duty-Free US Imports on Chosen US Goods as it Pushes for Trade Deal
India has proposed phasing out tariffs on chosen US imports such as steel, automobile parts, and pharmaceuticals up to a specified quantity every...
No Plans to Hike Safeguard Duty on Steel to 20%, Says Steel Secretary
No decision has been taken to hike the safeguard duty on certain steel items to 20%, Steel Secretary Sandeep Pondrik said in an...
Govt Allows ArcelorMittal Nippon to Import Critical Steelmaking Raw Material Amid Import Curbs
In a rare policy exception, the Centre has allowed ArcelorMittal Nippon Steel India (AM/NS India) to bring in an extra 71,500 metric tonnes (MT)...
Steel Mills Cut Production as Imports Surge, Trade Deficit Widens
In a development that could put upward pressure on domestic steel prices, key Indian steel makers, barring Jindal Steel and Power Ltd (JSPL) have...
JSW Steel Hits Record High as Metal Stocks Surge Amid Strong Demand
Metal stocks are witnessing a strong rally on Dalal Street, with JSW Steel hitting an all-time high of ₹1,072 per share. The stock...
MSME Steel Players Raise Concerns Over Proposed 12% Safeguard Duty
A grouping of MSMEs (Micro, Small and Medium Enterprises) in the steel industry is readying a move to push the government to withdraw the...
India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns
On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...
Government Receives 73 Applications for Specialty Steel PLI Scheme
The Indian government has got 73 applications under the second round of the Production Linked Incentive (PLI) scheme for specialty steel. According to the...
