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STEEL GRADE EXEMPTION
Indian steelmakers grapple with resurgence of cheap Chinese importsChinese steel exports to India surged in April, reaching a two-year peak. This influx of cheaper steel, including hot-rolled coils and stai...- Centre relaxes Land Border norms for BHEL tendersIndia has removed guardrails for companies from neighboring countries bidding on Bharat Heavy Electricals Limited (BHEL) projects. A five-y...
- Steel Ministry eases imports, extends quality control order exemptionThe Centre has relaxed several steel import rules to simplify compliance and support smaller businesses. The steel ministry has launched th...
- Govt extends exemption from quality norms compliance for certain steel, stainless steel grades until MarchThe government has extended the deadline for enforcing mandatory quality norms on select steel and stainless-steel imports to March 2026. T...
- Import curbs on stainless steel relaxed till December 31The government has temporarily lifted import restrictions on specific stainless steel items until the year's end, driven by a shortage of l...
- India tightens steel procurement to favour domestic millsIndia has tightened steel procurement rules to prioritize domestic manufacturing. The new policy mandates government bodies to favor locall...
- India may exempt certain steel product imports from quality control requirements to rein in pricesThe products could include aerospace steel grade and high-speed tool steel among others. India only allows steel grades that are governed b...
- Steel industry seeks duty cut on key raw materials in BudgetThe basic customs import duty on anthracite coal is 2.5 per cent. Since ferro alloy industry plays a vital role in steel manufacturing, it ...
- 'Exempt steel import above 1,250 mm width from further duty'The domestic industry can supply the most common grades like 304 and 316 up to 1,600 mm width only and there are severe limitations in thic...
- Capital goods makers decry steel ministry's new moveDepartment of Industrial Policy and Promotion (DIPP) and Department of Heavy Industries (DHI) had earlier requested Ministry of Steel to gi...
- Capital goods makers seek exemption for imports of new stainless steel grades"It accounts for more than 60% of Indian market and surprisingly has not been included in the Quality Control order,” Mr Ramachandran said.
- Govt exempts 40-odd grades from Stainless Steel QC OrderThe order provides stainless steel makers and dealers more time to register their products with the BIS.
- ISSDA condemns allegations mounted against Quality Control OrderThe stainless steel QCO is restricted to only the 25 grades of stainless steel which are covered in the three standards. All other stainles...
- Steel industry presses government to put off quality control orderMajor industry bodies and end users have strongly stood up against the Stainless Steel Product Quality Control (QC) Order, 2016, the associ...
- ISA urges government to curb higher grade steel importsISA has urged the government to rein in growing imports of higher grades of steel in the guise of base grades of steel.
- Easier import norms irk steel makersA government notification exempting steel imports from quality control norms has evoked furious opposition from the domestic steel industry.
- Government hints at rolling out more incentives for iron ore beneficiationThe domestic steel community has made a strong pitch for technological solutions to utilise low grade iron ores through pelletisation.
- Budget 2012: Mining of iron ore likely to become cheaperMining of iron ore is likely to become cheaper as customs duty on imported plant and machinery used in the industry has been cut from 7.5% ...
- Union Budget 2011: Export duty hike on iron not to impact steel pricingThe Budget propsal is seen more to preserve a critical raw material for Indian steel companies that have announced expansion plans which wo...
- Duty cuts to benefit miners, steel companiesThe government on Friday revised the export duty structure on iron ore fines. The 15% ad valorem export duty on fines has been replaced wit...
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