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SUBSTANDARD STEEL IMPORTS
A 1% problem that can derail India’s factory lines as tiny screws throw big tantrumsA recent analysis highlights that stringent regulations on fasteners, a seemingly minor expense, are leading to significant production hurd...- Chhattisgarh power plant blast: Death toll rises to 21; Congress demands culpable homicide chargeThe death toll from the April 14 blast at Vedanta's power plant in Sakti district, Chhattisgarh, has reached 21. A worker died from injurie...
- India’s steel expansion plans face setback as cheap imports hit local millsLow-cost steel imports are severely impacting India's domestic producers, forcing hundreds of smaller mills to the brink and jeopardising 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...
- Stainless steel industry seeks anti-dumping duties on cheap imports to protect local playersThe Indian stainless steel industry is seeking anti-dumping duties on cheap imports, primarily from China, Vietnam, and Indonesia, which ar...
- Stricter rules likely to curb substandard steel importsIndia is planning to tighten norms for steel imports under the advance authorisation scheme to curb the inflow of substandard, non-BIS comp...
- Nepal, China steel may face duty evasion probeThe Directorate of Revenue Intelligence may investigate steel imports from Nepal and China. This action aims to shield the Indian steel ind...
- Centre may relax quality control compliance window for steel intermediatesThe Steel Ministry is likely to grant a 15-20 day grace period before enforcing quality control orders on intermediate steel materials, add...
- Stainless steel industry calls for safeguard measures to protect local playersAbhyuday Jindal, MD of Jindal Stainless, urges for protectionist measures to curb cheap steel imports, emphasizing India's sufficient produ...
- Stainless steel industry urges govt to take measures to protect domestic playersThe Indian stainless steel industry is seeking government intervention through safeguard duties to combat a surge in cheap finished steel i...
- Govt working to address issues related to steel imports: Minister KumaraswamyThe Indian government is taking action on concerns about steel imports. The steel industry is worried about low-quality imports, especially...
- Limiting low-cost steel imports from China will hurt MSMEs in India: EEPCIndian manufacturers ask for balanced trade policies to combat cheap imports. Jindal Stainless says imports are placing significant pressur...
- Anti-dumping step: India may raise the bar to block entry of cheap steelStringent quality checks can stem the tide of imports as producers scour for markets amid sluggish demand and steep duties imposed by the U...
- Fresh quality control order issued on steel productsThe government has introduced a revised quality control framework for 145 steel items, superseding the existing regime that encompassed 111...
- Jindal Stainless says shares no longer pledgedThe stainless steel maker said equity shares of the company held by promoters and promoter group will now be free from any encumbrances.
- Steel ministry nod must for imports not cleared by BISThe Indian government has made it mandatory for steel imports that have not been cleared by the Bureau of Indian Standards (BIS) to obtain ...
- Government issues quality control orders on various steel itemsThe Department for Promotion of Industry and Internal Trade (DPIIT) has come out with two separate orders as per which substandard steel it...
- Government imposes five-year countervailing duty on stainless steel productsIncidentally, countervailing duty is country-specific and is imposed to safeguard domestic industry against unfair trade subsidies provided...
- Steel Ministry bans import of low-grade transformer componentsThe move is likely to help quality transformer-making firms compete with those using second-grade steel sheets.
- Monitor, streamline steel imports: AssochamIndustry chamber Assocham sought close monitoring of dumping of steel products and streamlining of the system by which industry can import ...
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