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INDIAN STEELMAKERS
Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
India steel sector grows in April, crude output up 5.8%, consumption up 8.1%India's steel sector showed strong growth in April 2026. Production and consumption of steel increased significantly. This performance refl...
Adani, Arcelor among firms setting up treasury operations in GIFT City, sources sayMajor firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-ne...
SAIL crosses 20 million tonnes sales in fiscal 2026A company statement said new benchmarks have been achieved in both sales and production. This was possible by achieving record supplies of ...
India seeks steelmaking raw material from Argentina, Indonesia, Oman, sources sayIndia is set to hold talks with Argentina, Indonesia, and Oman next month to secure vital steelmaking raw materials like coking coal and ir...
India's iron ore imports set to hit 7-year high in 2025-2026India's iron ore imports are projected to hit a seven-year peak by March 31. This surge is fueled by a scarcity of high-grade ore and robus...
Indian steelmakers make new push for temporary tax to check cheap importsIndian steelmakers are urging the government to impose temporary taxes on cheap steel imports from China, Japan, and South Korea. They argu...
Indian steelmakers seek to soften proposed import curbs on key raw materialIndia, the world's second-biggest producer of crude steel, in April proposed a country-specific import quota to cap annual imports of low a...
As imports rise, Indian steelmakers find their backs against the wallForeign steel is increasingly finding its way to Indian shores as large producers like Japan, South Korea and Vietnam direct their excess p...
Amidst crippling western sanctions, Russian steel finds its way to Indian shoresSteel from Russia has landed on Indian shores, according to people aware of the development, much to the chagrin of domestic steelmakers, a...
Coronavirus boosts Indian steel export prospects as China chokesChina is the world’s largest steelmaker and accounts for more than half of global output. The virus crisis has crippled demand and led to r...
Indian steelmakers may attract anti-dumping duty in CanadaThe Canadian International Trade Tribunal is inquiring into the possible injury to the domestic industry and will issue its decision by Jan...
Indian steelmakers may attract anti-dumping duty in CanadaThe Canadian International Trade Tribunal is inquiring into the possible injury to the domestic industry and will issue its decision by Jan...
JSW Steel's August production falls 4%JSW Steel reported a four percent fall in crude steel production in August at 10.66 lakh tonnes versus 11.16 lakh tonnes in the same month ...
Bank of America Merrill Lynch says large Indian steelmakers hold on to prices despite fall in ChinaChinese steelmakers faced with poor demand in home country are dumping their access steel production into the world market, including India...
Strong rupee and stiff competition from China affect steel exportPrivately-owned Essar Steel is among several firms reporting dip in sales contribution from exports from 25% last year to 20% in the latest...