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Indian Steel Mills Face Margin Pressure as Coking Coal Prices Rise
Rising coking coal prices are increasing steelmaking costs for Indian mills, putting pressure on margins as producers face supply disruptions and limited scope...
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MSME Steel Players Raise Concerns Over Proposed 12% Safeguard Duty
A grouping of MSMEs (Micro, Small and Medium Enterprises) in the steel industry is readying a move to push the government to withdraw the...
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Karnataka’s New Mineral Tax to Impact Steel Industry Margins
The Karnataka government has introduced a two-part mineral-bearing tax that is expected to pressure the profitability of steel companies. The levy, which applies...
