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JSW Steel Urges Higher Import Safeguard Duty as Steel Influx Rises

JSW Steel has called for stronger import safeguards to protect India’s steel industry from a fresh wave of cheap overseas supplies. Jayant Acharya,...

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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...

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India Surges Ahead in Steel Growth, Eyes 300 MTPA Capacity by 2030

India is poised to become the third-largest global steel powerhouse, aiming for a crude steel capacity of 300 million tonnes per annum (MTPA)...

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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India a Net Steel Importer for Second Year in FY25 as Imports Rise, Exports Fall

India A Net Steel Importer For Second Year In FY25 as Imports Rise, Exports Fall India stayed a net importer of steel for...

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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...

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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...

NewsSteel Daily

Report: Safeguard Action on Steel Imports Likely to have Minimal Impact

Rising imports have prompted the Ministry to consider levying a safeguard duty on steel imports, but HDFC Securities in a recent report stated that...

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India Steel 2025: Government and Industry Leaders Discuss Key Preparations

The ‘India Steel 2025′ preparations picked up pace with the Secretary, Ministry of Steel, Sri Sandeep Poundrik, leading a critical stakeholders’ meeting to...