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- March 13, 2025
Steel Ministry Proposes 25% Safeguard Duty on Steel Imports to Protect Domestic Industry
India’s Steel Ministry has proposed a 25% safeguard duty on certain steel imports to address growing concerns over cheap imports, particularly from Free Trade Agreement
European Steel Industry Struggles with Weak Market and Overcapacity
The European steel industry is navigating one of its toughest periods in recent history, with persistently low steel prices and an influx of cheaper imports
Steelmakers to See 5-7% EBITDA Drop, Crisil Warns
Crisil Ratings has warned that the declining steel prices will impact the operating profitability of domestic primary steel producers, despite a rise in sales volume
India’s Steel Sector Booms Amid Import Surge
India has emerged as a global outlier in steel consumption, reporting a robust double-digit growth of 13.5% in the first half of FY2024-25, even as
China Leads India’s Steel Imports in April-September, Govt Data Reveals
India’s steel industry is grappling with increasing import volumes, especially from China, as the country remains a net importer of finished steel. According to provisional
Tata Steel CEO Warns Chinese Steel Imports May Harm India’s Growth
Tata Steel’s CEO, has sounded an alarm over the influx of cheap Chinese steel into the Indian market, warning that the prolonged import of “unfairly
Steel Companies Face ₹89,000 Crore Inventory Challenge Amid Rising Imports
Indian steelmakers are currently contending with a substantial inventory crisis, despite an uptick in local consumption. This paradox has emerged as steel imports surged by
