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Trump Doubles US Tariffs on Steel and Aluminum to 50% in Aggressive Trade Push

The U.S. will double its duties on steel and aluminum imports to 50% beginning Wednesday, President Donald Trump directed, ramping up his administration’s...

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India Plans Retaliatory Tariffs on US Goods Over Steel Duties at WTO

As a retaliatory measure to persistent US tariffs on steel and aluminium, India has informed the World Trade Organisation (WTO) of its plan...

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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...

Market UpdatesNewsSteel DailyTrending News

India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns

On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...

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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Steel Imports Threaten Domestic Industry’s Growth, Says ICRA in FY25 Outlook

The country’s domestic steel sector will have a very tough year going ahead with capacity utilization likely to slide below 80% for the...