Search For "steel imports"
"Critical relief for domestic producers": HD Kumaraswamy welcomes 12% safe
Updated : 1 year, 1 month 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, 2 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, 3 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 initiates anti-dumping probe on some steel imports from China
Updated : 1 year, 8 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 : 1 year, 11 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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Congress accuses government of importing 5.6 million tonnes cheap steel
Updated : 2 years, 4 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, 5 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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Vietnam imports less steel in 1st 6 months
Updated : 3 years, 11 months ago IST
Hanoi [Vietnam], July 6 (ANI/Xinhua): Vietnam spent nearly 7.1 billion U.S. dollars importing roughly 6.6 million tons of steel and iron in the first six months of this year, data from the Vietnam Steel Association showed Wednesday.
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US reaches deal with Japan to cut tariffs on Japanese steel imports
Updated : 4 years, 3 months ago IST
Washington [US], February 8 (ANI/Sputnik): The United States will cut tariffs on Japanese steel imports to grow trade and relations with Tokyo and circumvent China's "unfair practices," the departments of Trade and Commerce said.
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Steel exports to remain low due to rising domestic demand: Ind-Ra
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 3 (ANI): Steel exports from India are likely to remain low over the balance of fourth quarter (4Q FY21) due to continuing strong domestic demand and robust realisations, India Ratings and Research (Ind-Ra) said on Wednesday.
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India slaps anti-dumping duty on certain steel imports from China, Vietnam
Updated : 5 years, 11 months ago IST
New Delhi [India], June 24 (ANI): India on Tuesday imposed anti-dumping duty on imports of certain type of steel products from China, Vietnam and South Korea for a period of five years in a bid to guard domestic manufacturers from cheap imports from these countries.
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Online monitoring system launched for steel imports
Updated : 6 years, 8 months ago IST
New Delhi [India], Sep 16 (ANI): The government on Monday launched a steel import monitoring system (SIMS) to provide advance information about steel imports to various stakeholders including producers and importers to have effective policy interventions.
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