Search For "steel import"
Middle East's largest steel producer urges India to grant market access to
Updated : 1 year, 3 months ago IST
"India is the world's second-largest steel producer. With India undergoing rapid infrastructure expansion, we request the Indian government to facilitate Iranian companies by granting them a small share in the steel import market."
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Indian steel makers should prefer domestic suppliers over imports for long
Updated : 1 year, 3 months ago IST
"You should see your supply chains. Wherever there is an Indian supply, you will give preference to that Indian supply, and not conveniently import your requirements to the detriment of some other Indian company or manufacturer," the minister said.
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Naveen Jindal Welcomes 12% Safeguard Duty on Steel Imports as a Milestone
Updated : 1 year, 3 months ago IST
New Delhi [India], April 22: In a decisive move to shield its domestic steel industry from a surge of low-priced imports, the Indian government has imposed a 12% safeguard duty on certain flat steel products for 200 days, effective April 21, 2025. This temporary measure aims to curb the infl
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Minister HD Kumaraswamy welcomes decision of 12 pc safeguard duty on impor
Updated : 1 year, 3 months ago IST
Union Minister of Heavy Industries and Steel H D Kumaraswamy welcomed the decision of the finance ministry to impose 12 per cent safeguard duty on steel products imports.
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"Critical relief for domestic producers": HD Kumaraswamy welcomes 12% safe
Updated : 1 year, 3 months ago IST
Union Minister of Steel and Heavy Industries HD Kumaraswamy on Monday welcomed the Central government's decision to impose a 12 per cent safeguard duty on the import of certain non-alloy and alloy steel flat products, saying it will provide critical relief to domestic producers.
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As India's Steel Deficit Widens, Baldota's Rs54,000 Cr Plant Can Play a Cr
Updated : 1 year, 4 months ago IST
New Delhi [India], March 27: India's steel sector is at a critical juncture, with finished steel imports surging by 20% to 8.29 million tonnes in the April-January period of this fiscal year. Domestic producers are struggling with narrowing profit margins and intensifying competition from fo
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If imposed, safeguard duty on steel imports will have limited impact on do
Updated : 1 year, 5 months ago IST
If the Indian government imposes safeguard duties on steel imports it will have a limited impact on the domestic steel Industry, says a report by HDFC Securities.
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India to outpace major steel-consuming economies with 8-9% demand growth i
Updated : 1 year, 6 months ago IST
India will continue to outpace other major steel-consuming economies in calendar year 2025 with a demand growth of 8-9 per cent, CRISIL's Market Intelligence and Analytics report said.
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India initiates anti-dumping probe on some steel imports from China
Updated : 1 year, 10 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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Domestic demand for steel soars in India, country turns net importer in fi
Updated : 2 years, 1 month 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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Congress accuses government of importing 5.6 million tonnes cheap steel
Updated : 2 years, 6 months ago IST
"India imported 5.6 million tonnes of finished steel between April-Dec 2023. This was a five-year high. Imports from China alone were close to a record 1.8 million tonnes. Indian steel producers are rightly concerned at the shocking insensitivity of the Modi Govt that is allowing cheap impor
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Firm domestic demand to keep India's steel imports elevated in 2023-24: Cr
Updated : 2 years, 7 months ago IST
Strong domestic demand, supported by government spending on infrastructure, building and construction segments, is expected to keep India's steel imports elevated around the 6 million tonne (MT) mark this financial year even as the global steel industry battles a slowdown, according to ratin
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