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India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...- Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
- Tata Steel Q4 net more than doubles on India strength, Europe recoveryTata Steel reported a sharp rise in March quarter earnings, with net profit more than doubling on strong India performance and improving Eu...
- 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...
- West Asia War: India steelmakers brace for higher input costs, risk of cheaper importsThe Indian steel industry faces significant challenges as the ongoing conflict in West Asia drives up the prices of vital resources like li...
- Softer domestic prices, rising input costs to weigh on steelmakers’ Q3 earningsSteel companies anticipate lower profits this quarter. Softening domestic prices and higher input costs are impacting earnings. However, no...
- India imposes provisional anti-dumping duty on low ash metallurgical coke importsIndia has imposed a provisional anti-dumping duty of $60.87-$130.66 per tonne on low ash metallurgical coke imports for six months. This me...
- India’s import barriers on metallurgical coke are raising steelmaking costs, flags GTRIIndia's steel ambitions face a hurdle. Policies meant to protect domestic steelmakers are making a key ingredient, metallurgical coke, more...
- Steel companies' Q1 margins hit by rising costs, low pricesThe operating profit of steelmakers is estimated to have dipped by ₹2,000-3,000 per tonne of metal sold during the April-June period compar...
- Domestic steel companies' profitability set to rise in March quarterThe March quarter tends to be the strongest for steel companies in terms of demand. Higher prices and strong demand should lift the operati...
- Finding the bottom: After two quarters of continuous decline, steel prices go up for first time this weekArcelorMittal Nippon Steel India (AM/NS) has increased prices by around Rs 500-1000 per tonne, said people in the know. Other leading playe...
- Secondary steelmakers face double whammy as prices of key inputs riseA paucity of coal in the domestic market is pushing upwards the prices of sponge iron. Meanwhile, there has also been a squeeze on the avai...
- Steel levy: Smaller players gain, but big companies sufferSmaller steelmakers benefited from the duty changes as their costs went down and they had little adverse impact on business, while large st...
- Small steelmakers cheer input cost cut as big rivals fret over export dutySmaller steelmakers benefited from the duty changes as their costs went down and they had little adverse impact on their business, while la...
- Steel mills may be forced to take maintenance shutdowns as demand dips sharply following export duty levyThe export duty, imposed to check rising inflation in the country, has resulted in volatile steel prices in the domestic market. Now, trade...
- Combating Inflation: Domestic industry to get cheaper steel at the cost of export as govt levies new dutiesThe move will bring some respite to manufacturing industries like automotive, consumer electronics and construction, where high steel price...
- Steelmakers feel the heat, find alternativesSteel scrap is used as the primary input into steelmaking through the electric arc furnace and the induction furnace routes, while iron ore...
- Rising raw material prices force MSME secondary steelmakers to shut shop“There are around 120 sponge iron, billet ingot manufacturers and rollers in West Bengal that have reduced production by 15-50 % and laid o...
- Steelmakers to raise prices as input costs rise on rupee depreciationThe industry expects a price rise of Rs 1,500 per tonne for both hot rolled coils in flat products as well as downstream products. For long...
- POSCO posts sharp drop in Q4 net profitAnalysts said net profit was also pulled lower by the discounts that POSCO was forced to offer to compete with imported products.
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