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Steel Ministry Likely to Offer 15–20 Days Relief to Clear Non-BIS Compliant Imports

The country is most likely to grant a grace period of 15-20 days for clearing steel intermediates that do not comply with BIS...

IndustrialMarket UpdatesNewsSteel DailyTrending News

India’s Steel Imports Drop 27.6% in April-May as China, Japan Shipments Decline

India’s finished steel imports saw a sharp 27.6% year-on-year fall in April-May FY25, as inbound shipments from key suppliers China and Japan declined...

IndustrialMetalMSMENewsSteel DailyTrending News

Steel Import Rule Sparks Panic Among MSMEs, Could Trigger Factory Closures: GTRI

A sudden regulatory change by the Ministry of Steel has left India’s micro, small, and medium enterprises (MSMEs) reeling, with fears of disrupted...

Market UpdatesNewsSteel Daily

Rumors of 12% Steel Import Levy Cause Uncertainty in Indian Market

Reports in the Indian press are abuzz with speculation of a 12% temporary safeguard duty on steel imports to shield domestic producers from rampant...

MSMENewsSteel DailyTrending News

Government Weighs Options to Shield MSMEs from Steel Price Surge Amid Safeguard Duty Talks

The Indian government is mulling to protect micro, small, and medium enterprises (MSMEs) from a possible increase in steel prices if safeguard duties...

ConstructionEditors PickNewsSteel Daily

India’s Steel Imports from China Surge 35%, Pressuring Domestic Producers

India’s finished steel imports from China soared to a record 1.7 million metric tons in the first seven months of FY2024 (April-October), marking...