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Steel Industry Faces Turbulence After Sudden Quality Order Extension

India’s steel industry is headed for a storm after the Ministry of Steel suddenly extended the Quality Control Order (QCO) to extend into...

IndustrialMarket UpdatesNewsSteel Daily

India’s Steel Imports Expected to Halve in FY26 After Safeguard Duty

India’s steel imports could fall by 50% in FY 2025-26 following the imposition of a 12% safeguard duty, said Steel Ministry Secretary Sandeep...

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Safeguard Duty on Steel Imports May Halt Construction Equipment Industry, Warns ICEMA

The Indian Construction Equipment Manufacturers Association (ICEMA) has sounded a warning over a proposed 12% safeguard duty on steel imports, stating that it...

Market UpdatesNewsSteel DailyTrending News

India Slaps 12% Safeguard Duty on Steel Imports Amid Surge, Industry Concerns

In a move aimed at curbing a surge in steel imports that threaten domestic producers, the Indian government has imposed a 12% safeguard...

ConstructionNewsReal EstateSteel Daily

MSME Engineering Exporters Concerned Over Proposed 25% Safeguard Duty on Steel Imports

MSME engineering exporters have expressed concerns over the government’s proposal to impose a 25% safeguard duty on steel imports, warning that it could...