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Safeguard Duty on Steel Imports Gives Domestic Mills Pricing Leverage

India’s three-year safeguard duty on select steel imports is expected to curb cheap inflows, improve pricing power for domestic mills, and support margins...

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Steel Prices Hit Five-Year Low in India in 2025 Amid Global Trade Pressures

Steel prices in India fell to a five-year low in 2025 despite strong domestic demand, as global trade barriers, excess Chinese supply and...

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India Imposes Three-Year Safeguard Duty on Steel Imports to Curb Cheap Inflows

India has imposed a three-year safeguard duty of up to 12 percent on select steel imports to protect domestic manufacturers from a surge...

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Steel Industry Pushes for Permanent Anti-Dumping Duty to Counter Import Pressure

India’s steel industry is urging the government to move beyond temporary safeguard duties and implement permanent anti-dumping measures to curb cheap imports, stabilise...

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Rama Steel Tubes Automech Acquisition Signals Strategic Shift into High-Value Engineering

Rama Steel Tubes Limited’s ₹728 crore acquisition of UAE-based Automech Group marks a major strategic shift, positioning the company as a global player...

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Cement and Steel Output Drive India’s Core Sector Momentum in November

Strong growth in cement and steady expansion in steel production supported India’s core sector performance in November, signalling continued momentum in construction and...

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Sambhv Steel Tubes Moves to Double Annual Capacity with ₹50 Crore Expansion Plan

Sambhv Steel Tubes has approved a ₹50 crore expansion plan that will double its annual manufacturing capacity to 1,16,000 MT by FY26 Q4....

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Shyam Metalics Reports Broad-Based Growth in November as Key Segments Deliver Strong Volumes

Shyam Metalics delivered solid sales momentum in November 2025, with stainless steel, pellets, speciality alloys, CR coils and pig iron recording significant growth...

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Visakhapatnam Steel Plant Under Pressure as Output Falls

The Union Steel Ministry has raised serious concerns over falling production and recurring conveyor failures at the Visakhapatnam Steel Plant, stressing that the...

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Chandrababu Naidu Calls for Higher Efficiency at Vizag Steel, Cites Heavy Investments and State Support

At the CII summit in Visakhapatnam, Andhra Pradesh Chief Minister Chandrababu Naidu criticised the Vizag Steel Plant’s workforce for low efficiency despite large...