India is emerging as a strong growth market for steel, standing out as the only large country to report meaningful volume growth between 2019 and 2024, according to a recent report by Jefferies.
Virtually addressing the 6th edition of India Steel 2025, a conference on the steel industry, Prime Minister Narendra Modi highlighted the country's growing prowess in this critical sector and outlined its future plans.
Chhattisgarh Chief Minister Vishnu Deo Sai also returned to Raipur on Thursday, cutting short his visit with textile and steel industry leaders in Mumbai, to attend the last rites of Dinesh Miraniya, who is one of the victims of the deadly Pahalgam terror attack.
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
India's financial capital, Mumbai, is set to witness a major buzz around Chhattisgarh on April 23 and 24. Chief Minister Vishnu Deo Sai will participate in two major national-level events focusing on the textile and steel industries.
Bengaluru (Karnataka) [India], February 22: A-One Steel Group, a key player in South India's steel industry, has earned GreenPro Certification, highlighting its dedication to sustainable steel manufacturing. This recognition underscores the company's focus on energy-efficient production and
India's crude steel capacity must grow at a compounded annual growth rate of 8 per cent to meet Governments Steel target of 300 million metric tonnes (mn MT) by 2030, according to a report by HDFC Securities.
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.
If these tariffs are enforced, India's stainless steel exports could suffer substantial setbacks, leading to disruptions in global supply chains and increased costs for manufacturers and consumers alike says Indian Stainless Steel Development Association (ISSDA).
New Delhi [India], February 7: The anticipated increase in India's adoption of electric vehicles (EV), with EV sales forecasted to reach 30-35% of annual vehicle sales by FY30, according to SBI Capital Markets (SBICAPS), creates a large window of opportunity for the stainless steel indust