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STEEL IMPORT THRESHOLDS
India initiates anti-dumping investigation into steel imports from China, Japan, RussiaIndia has launched an anti-dumping investigation into hot rolled steel imports from China, Japan, and Russia. JSW Steel and Jindal Steel al...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
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...
Another trade war? EU fires first shot in economic clash with ChinaEU is planning a major shift in its industrial policy through the proposed “Made in Europe” framework under the Industrial Accelerator Act,...
CCI okays Nippon Steel's proposal to acquire 53.4% stake in Krosaki Harima CorpThe Competition Commission of India has approved Nippon Steel Corporation's plan to buy the remaining shares of Krosaki Harima Corporation....
Tata Steel, JSW Steel other steelmakers' shares jump up to 3% as safeguard duty decision clears overhangIndian steelmakers like Tata Steel and JSW Steel saw their stocks rise after the DGTR recommended a safeguard duty on steel imports for thr...
Steel safeguard threshold far above market rates can trigger price distortions: GTRIA Global Trade Research Initiative (GTRI) study reveals that India's 12% safeguard duty on specific steel imports is poised to halt most im...
A China problem is hampering rating headroom of India's steel giantsFitch Ratings downgrades JSW Steel and Tata Steel due to pressures from cheap Chinese imports and aggressive global tariff policies. Despit...
CCI clears Nippon Steel, JFE Steel's proposal to collectively acquire stakes in Australian coal mineThe Competition Commission of India (CCI) has approved the acquisition of a 30% stake in Queensland's Blackwater coal mine by Nippon Steel ...
Specialty steel gets new PLIThe Indian government has launched the PLI 1.1 scheme for specialty steel, making it more investor-friendly by lowering investment threshol...
PLI scheme for select speciality steels may be relaxed furtherIndia plans to ease conditions in the production-linked incentive scheme for speciality steels. This includes lowering investment and plant...
India for safeguards to counter import surgeIndia wants ‘transitional safeguards measures auto-trigger and snapback’ to counter a sudden surge in imports.
NMDC's upcoming steel unit in Bastar receives first rake of imported coalWith these two developments, NMDC said it is looking forward to starting production at the Nagarnar Steel Plant by July 2019.
Government has to be ready to step in if steel imports surge: SK Roongta“So far in the first five months, there is no big surge in imports.”
Anti-dumping duties on steel products to create a conducive environment: ICRAThe definitive ADD has been fixed at a level which is the difference between the product's landed value and a given threshold.
Budget 2016: Steel Ministry for reviewing inverted duty structure, peak duty rateSteel Ministry has pitched for addressing the inverted duty structure in the sector in the upcoming Budget in a bid to protect the domestic...
JSW Steel merges with JSW Ispat; share swap fixed at 1:72Post merger, promoters of JSW Steel will own 35.12% in the merged entity, while 14.92% shall be held by Japan’s JFE Steel.
- China keen to have Indian iron ore supply contracts
China has expressed its keenness to enter into long-term iron ore supply contracts with Indian suppliers in a bid to offset soaring prices ...
- China fears Mittal-Arcelor heat concerned over Mittal's merger plans
Chinese steel industry has for the first time openly expressed concern over the merger of global steel giants, Mittal with Arcelor, saying ...