steel imports

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,…

3 months ago

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…

3 months ago

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…

3 months ago

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…

3 months ago

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…

4 months ago

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…

4 months ago

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…

4 months ago