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STEEL MARKET DISTORTION
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...
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
'Domestic cos got lower subsidies than Chinese peers, on par with North America'Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. In...
Manufactured monopoly: How industrial policy is structuring monopolies in IndiaIndia's industrial strategies are shaping a landscape where giant corporations thrive while smaller enterprises struggle to keep up. Polici...
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...
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...
US Section 301 probe: India textile body TEXPROCIL pushes back on USTR excess capacity allegationsTEXPROCIL has responded to US investigations on excess manufacturing capacity and forced labor. The Indian textile body rejects these claim...
China steel subsidies 'distort' global market: OECDThe OECD reports that Chinese steel subsidies are distorting the global market, hindering decarbonisation efforts. China's massive steel pr...
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...
Exporters fear US tariff hike on steel will spur dumpingIndia risks a significant steel surplus as US tariffs potentially slash steel exports by 85%, leading to dumping in India. This expected ex...
US tariff on steel import may indirectly affect India: MinisterUS President Donald Trump has imposed a 25 per cent import tariff on steel and 10 per cent on aluminium.
Operational metric of Indian steel companies remains far more robust: Amit Dixit, Edelweiss Securities"A pressure on steel pricing in futures, seems inevitable alongwith the pressure on volumes."
Cyclone Debbie down under to hit Indian steel pricesThe cyclone disrupted major mines and ports in Australia towards the end of March 2017. It has pushed up prices of coking coal as it distor...
Global steel oversupply must be urgently addressed: world leaders at G7 summitWorld leaders warned that the global oversupply of steel must be "urgently addressed", while taking aim at governments that contribute to e...
US, others call for urgent actions to curb steel overcapacityCanada, the European Union, Japan, Mexico, the Republic of Korea, Switzerland, and Turkey have all joined the US in issuing the statement i...
Indian steelmakers may attract anti-dumping duty in CanadaThe Canadian International Trade Tribunal is inquiring into the possible injury to the domestic industry and will issue its decision by Jan...
Indian steelmakers may attract anti-dumping duty in CanadaThe Canadian International Trade Tribunal is inquiring into the possible injury to the domestic industry and will issue its decision by Jan...
If situation improves globally, metals would remain in strong ground: Deven ChokseyPost monsoon season the mining would probably help some of the companies to get the raw material in place.
'Capacity addition key to correct distortions in steel market'The new minister of state for steel, Jitin Prasada, shares his views on the alleged malpractices in the domestic steel market.
- Steel policy likely by year end: Tripathy
The government hopes to put in place a steel policy by the end of the year laying down the roadmap for future development of the sector.