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Chinese steel giant sends "last notice" to Pakistan to address concerns, t
Updated : 1 year, 4 months ago IST
In a letter to Prime Minister Shehbaz Sharif, the company's CEO, Li Chunjian, expressed frustration over unresolved issues at the Rashakai Special Economic Zone in Khyber Pakhtunkhwa.
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September price hike of Chinese steel will provide relief for Indian manuf
Updated : 1 year, 5 months ago IST
The recent increase in Chinese steel prices may give some relief to Indian steel makers. A report by Axis Securities highlights that Chinese hot-rolled coil (HRC) steel prices have gone up in September 2024, giving an edge to Indian steel companies.
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India initiates anti-dumping probe on some steel imports from China
Updated : 1 year, 5 months ago IST
India has initiated an anti-dumping investigation concerning imports of Cold Rolled Non-Oriented Electrical Steel originating in or exported from China, a notification from the central government said.
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Higher import duties on Chinese steel: Decision to be taken after discussi
Updated : 1 year, 6 months ago IST
The central government will take all necessary steps to protect the domestic steel sector, including addressing the challenges posed by cheap Chinese steel, said H.D. Kumaraswamy, Union Minister for Heavy Industries and Steel.
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Industry urged Govt to review FTAs to address Chinese steel dumping in Ind
Updated : 1 year, 6 months ago IST
India's trade data for August 2024 has drawn mixed reactions from industry experts, reflecting both optimism and concern.
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Higher infra spending, economic growth make India lucrative market for dom
Updated : 1 year, 9 months ago IST
Despite a slowdown in exports and increasing Chinese steel output impacting India's share in the markets, steel makers in the country are optimistic about the domestic demand
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Domestic demand for steel soars in India, country turns net importer in fi
Updated : 1 year, 9 months ago IST
India's imports of finished steel reached 8.3 MT in fiscal 2024, marking a substantial 38 per cent increase year-on-year. The primary contributors to this surge in imports were China, South Korea, Japan, and Vietnam. Chinese steel imports alone accounted for 2.7 MT, while South Korea and Jap
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Improved supply-demand balance to boost margins for APAC steel producers:
Updated : 2 years, 4 months ago IST
Chinese steel consumption has remained steady, with a flat year-on-year performance in 9M23. This stability is attributed to robust investments in the infrastructure and manufacturing sectors, compensating for a weaker property sector.
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India imposes anti-dumping duty on Chinese steel for 5 years
Updated : 2 years, 6 months ago IST
India has imposed an anti-dumping duty on some Chinese steel for a period of another five years, according to an official gazette by the Ministry of Finance.
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Industrial material prices fall sharply on concerns about Chinese slowdown
Updated : 2 years, 11 months ago IST
Hot rolled coils listed on the Shanghai Commodity Futures Exchange hit a five-month low of 3,928 yuan (USD 568) per tonne on Wednesday. Hot-rolled thin steel plate is essential for the production of building components and industrial machinery, serving as the benchmark for steel prices in Ch
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US, EU fight against 'dirty' Chinese steel
Updated : 4 years, 4 months ago IST
Washington [US] November 24 (ANI) The US and European Union have ended a major tripping point with China in steel and aluminium sectors while managing the contentious tariff as well as dumping issue.
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EU formally blocks Thyssenkrupp-Tata Steel joint venture
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): Tata Steel said on Wednesday the European Commission has formally announced its decision to prohibit its proposed European steel joint venture with Thyssenkrupp AG.
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