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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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Steel Policy Contradictions Could Raise Costs and Slow Growth: GTRI

Contradictory steel policies in India are raising production costs and weakening competitiveness, as protection for finished steel clashes with curbs on key inputs...

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India Emerges as Net Importer of Finished Steel Amid Shifting Trade Trends

India has turned into a net importer of finished steel since 2022–23, with imports overtaking exports despite higher crude steel output and fluctuating...

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AMNS India Bets Big on India’s Steel Demand with 25–26 MT Capacity Target by 2030

ArcelorMittal Nippon Steel India has outlined an ambitious plan to nearly triple its steelmaking capacity to 25–26 million tonnes by 2030, anchored by...

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Jindal Steel Q2 Profit Falls 26% Amid Record Value-Added Steel Sales

Jindal Steel & Power reported a 26.2% drop in Q2 FY26 net profit to Rs 635 crore, while revenue rose 4.2% to Rs...

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India’s Small Steelmakers Cut Production as Weak Demand and Monsoon Slowdown Hit Construction Sector

India’s small steel producers have cut output by nearly one third amid weak demand, falling prices, and monsoon disruptions, despite government tax cuts...

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Steel Consumption in India Projected to Grow 9–10%: Steel Secretary

India’s steel sector is set for 9–10% growth this year, supported by GST 2.0 reforms, construction demand, and government safeguards. Steel Secretary Sandeep...

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Construction Costs Up 40% Since 2019, Developers Push for GST Relief

Since 2019, construction costs have skyrocketed by nearly 40%, forcing developers to demand GST relief, pushing affordable housing in India into an even...

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SAIL Eyes ₹36,000 Cr IISCO Expansion by FY27, Faces Tender and Debt Challenges

Steel Authority of India Ltd (SAIL) is pursuing the ambitious expansion of its IISCO Steel Plant at an estimated cost of ₹36,000 crore...

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India’s Steel Imports Drop 40% in February Amid Safeguard Duty Concerns; Exports Plunge 60%

Imports of steel into India plunged 40% in February to 0.6 million tonnes the lowest level since April. This drop was 29% lower than January’s...