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Safeguard Duty Extension, China Curbs Set to Lift Indian Steelmakers

India’s steel sector is in for a better time, with a combination of domestic safeguards and Chinese capacity reductions giving local producers a...

IndustrialMarket UpdatesNewsSteel DailyTrending News

Steel Safeguard Duty to Raise Costs, Hit Auto Industry: GTRI

The proposed safeguard duty on steel imports stands to cause massive disruption in India’s automobile industry by increasing input cost and decreasing export...

IndustrialNewsSteel DailyTrending News

Commerce Ministry Recommends Three-Year Safeguard Duty on Steel Imports Amid Rising Inflows

To safeguard local manufacturers from a “serious surge” of imports, the Directorate General of Trade Remedies of the Ministry of Commerce has made...

Market UpdatesNewsSteel DailyTrending News

Govt Eases Steel Supply Rules, Waives BIS Certification for 202 Foreign Licences

In a move to ease raw material bottlenecks for domestic steelmakers, the steel ministry has exempted 202 foreign steel licences from mandatory Bureau...

IndustrialMSMENewsSteel DailyTrending News

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...