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GLOBAL STEEL OVERCAPACITY
EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
India protecting industry from unfair trade practices of certain countries: Piyush GoyalIndia is committed to dialogue and cooperation to address global trade challenges. Commerce and Industry Minister Piyush Goyal stated that ...
No overcapacity in steel, textiles; India's consumption remains low: DGTRIndia has rejected US claims of excess capacity in its textile and steel sectors. Officials state per capita consumption of these products ...
CRISIL's Dharmakirti Joshi gives India a 7 out of 10 on growth durability; says private capex has the money but not the willIndia's economic growth remains strong and durable. Corporate India possesses robust financial health but lacks the confidence to invest. N...
China escaped middle income trap but India still stuck in it; 4 economists debate if 6.5% growth is enough for Viksit BharatIndia's economic growth rate is robust, but experts caution it may not be sufficient for significant wealth creation. A key concern is the ...
Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
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...
New steel policy in works as India shifts focus to premium and green steelIndia is developing an innovative steel policy aimed at redefining the industry landscape by 2035 and 2047. This initiative will establish ...
European Union agrees to double steel import tariffs to 50% to curb cheap inflows from ChinaThe European Union has agreed to double steel import tariffs to 50% and cut duty-free quotas to curb a surge in cheap imports, largely from...
Tata Steel shares climb over 3% as EU proposes measures to shield steel sector from global overcapacityTata Steel shares rose after the European Commission proposed new measures to protect the EU steel industry from global overcapacity. The p...
EU plans tariffs of 25%-50% on Chinese steel and related products: ReportThe European Commission is planning to impose tariffs of 25% to 50% on Chinese steel and related products in the coming weeks. This action ...
EU & US end tariff dispute, target China's 'dirty' steelThe future EU-US arrangement will be a challenge for China, which produces more than half of the world's steel and which the EU and US accu...
Moody's: Government’s extension of provisional anti-dumping duties is credit positive for steelmakersIndia’s crude-steel production growth of 8.8% during April-December 2016 outpaced the 3.4% gain in finished steel consumption.
China blames sluggish demand for global steel crisis"The bulk of our steel products are consumed domestically. China does not subsidise its products to promote exports," Shen Danyang said.
Western steel cos blame China for global overcapacity crisisSeveral leading western steel manufacturers today alleged that China is the predominant global contributor to the problem of overcapacity t...
Ukraine crisis may channel more steel into global markets: Tata SteelThis comes at a time when there is overcapacity in the global steel industry, particularly in China and Europe.
Global steel output rises 3% in Jan-Sept' 2013Global steel production rose 3% to 1186.2 million tonnes in the nine months to September from a year ago, despite concerns of overcapacity ...
- Steel sector faces overcapacity problem in medium term: ICRA
An overcapacity situation looms large on the Indian steel sector with about 25 million tonnes of new capacity likely to be commissioned.