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STEEL IMPORT STATISTICS INDIA
India remains net importer of finished steel in Apr-Aug; buys commodity worth Rs 36k croreIndia imported finished steel worth Rs 36,193.9 crore from April to August in the fiscal year. The country saw a 29.5 percent increase in f...
India has its own structural growth story beyond current global focus on AI, says JefferiesIndia is expected to experience significant growth driven by renewable energy and private-sector investment. The country aims to enhance it...
Supply-chain resilience, diversification reshaping global trade beyond comparative advantage: Commerce SecySupply-chain resilience, multiple sourcing and diversification are increasingly becoming important drivers of global trade alongside tradit...
Trade deal between India and US done & dusted: Piyush GoyalCommerce and Industry Minister Piyush Goyal announced that the US-India bilateral trade agreement is on the verge of completion, showcasing...
Forget holidays, Indians travelled most for religion: 47.7% of domestic overnight trips were for pilgrimage, govt survey revealsReligious travel accounted for 47.7% of domestic overnight trips in India during the year to June 2026, making it the most common purpose o...
Steel prices to stay firm as tight supply, duties fuel dealer inventory build-up: Centrum reportDomestic steel prices are forecasted to remain strong in the coming months due to tight supply constraints. Dealers are actively building i...
Uday Kotak says India can become current account surplus nation: Asia's richest banker shares one golden formulaUday Kotak emphasized India's heavy dependence on gold imports, estimating a rise to $90 billion by FY27. He highlighted that excluding gol...
Estimating is not fudging: Decoding the needless jump from 'GDP is estimated' to 'GDP can't be trusted'India poses an exceptionally difficult statistical challenge because hundreds of millions work on farms, tiny shops, construction sites and...
India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
Steel prices at 4-year high; trend to continue in H2: ReportDomestic steel prices have reached a four-year high, driven by costlier raw materials. Hot rolled and cold rolled coil prices have signific...
India's new GDP series: GST, corporate data drive new methodologyIndia's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update...
India can do without US steel exports, says Naveen Jindal; flags domestic demand as key growth driverNaveen Jindal, chairman of Jindal Steel, said India can sustain its steel industry without depending on exports to the US, as domestic dema...
Domestic steel prices likely to stay firm as demand recovery, supply constraints support market: ReportDomestic steel prices are expected to remain firm this September. Post-monsoon construction activity is gradually recovering, supporting de...
Tata Steel seeks fresh UK government funding as Port Talbot EAF project faces delays: ReportTata Steel has requested additional UK government funding for its Port Talbot plant. Delays in the plant's transformation are increasing pr...
India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...
India protects over 80% of steel exports to EU as 1.9 MT country quota is secured; residual access could push total to 2.8 MTIndia secured a country-specific tariff-rate quota for steel exports to the European Union. This agreement will safeguard over eighty perce...
India’s scorching summer sends coal imports to 15-month high in AugustIndian power sector coal imports reached a 15-month peak in August. This surge occurred as electricity demand rose significantly due to a h...
Indian steel industry creating new opportunities for ferro-alloy sector: IFAPAAs India's steel sector expands, local ferro-alloys producers find exciting prospects ahead. The industry emphasizes the need for secure ac...
Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
India gains wider EU steel access, but carbon levy remainsIndia will export up to 1.64 million tons of steel annually to the European Union. This includes an additional preferential quota of 694,85...