India to Levy 12% Safeguard Duty on Steel Imports from 2025
India imposes safeguard duties up to 12% on select steel flat product imports from April 2025 to 2028 to protect domestic industry. Key details and analysis inside.
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India imposes 3-year safeguard duty on steel imports
India has imposed safeguard duties on certain steel imports for three years to protect domestic manufacturers from a surge in low-cost supplies, primarily from China. The duty starts at 12% and will gradually decrease.
India Slaps Tariffs on Chinese Steel to Protect Local Makers
India imposes anti-dumping duties on Chinese steel imports, offering major relief to domestic manufacturers. This move aims to curb cheap imports and strengthen the local steel sector. Read more.
India imposes 3-year steel import duty to curb cheap shipments
India imposes 11-12% safeguard duty on select steel imports for three years to protect domestic industry from cheap shipments, primarily from China. Read the full details.
Bokaro Steel Plant Expansion to 7.55 MTPA Under Discussion
Union Minister Bhupathiraju Srinivasa Varma confirms discussions for Bokaro Steel Plant's brownfield expansion, aiming to boost capacity to 7.55 MTPA, create jobs, and align with India's 300 MTPA steel vision by 2030.
Steel expansion hit by policy mismatch on key input: GTRI
A GTRI report warns India's steel capacity expansion is under pressure as import curbs on low-ash metallurgical coke raise input costs, hurting competitiveness. Experts call for policy recalibration.
Dutch NGO Seeks $1.6 Billion from Tata Steel
A Dutch NGO files a massive $1.6 billion claim against Tata Steel's Netherlands units for environmental damage. Read the full details of the legal battle.
Tata Steel sued for €1.4bn over Dutch plant emissions
Tata Steel's Dutch units face a €1.4 billion class action over alleged health and environmental damage near its IJmuiden plant. The company vows to defend itself. Read the full story.
Jindal Steel's Capacity Push Aims for Volume-Led Growth
Jindal Steel commissions 3 MTPA new capacity, eyes 15.6 MTPA by March. Near-term earnings face pressure, but volume-led growth and cost reset could transform its profile by FY28. Read the full analysis.
Vizag Steel Plant's Third VRS to Remove 570 Employees
Vizag Steel Plant management opens VRS window from Jan 1-20, 2026, aiming to cut 570 permanent jobs. This third phase continues a major workforce reduction strategy amid union criticism. Read the full details.
Manaksia Coated Metals Upgrades Galvanizing Line Capacity
Manaksia Coated Metals & Industries Ltd announces a ₹50 crore investment to upgrade its Continuous Galvanizing Line, boosting capacity to 1,80,000 MTPA. This strategic move aims to enhance product quality and market competitiveness.
Odisha Steel Production Jumps 18.8%, Green Roadmap Unveiled
Odisha's crude steel production surges to 18.07 million tonnes. Minister Bhupathiraju Srinivasa Varma details green steel initiatives & policies for MSMEs in Rajya Sabha. Read the full report.
Worker killed in Hyderabad steel plant furnace blast
A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.
Worker killed in Hyderabad steel plant furnace blast
A fatal accident at Agarwal Steel Industries in Rangaipally, Hyderabad, claimed one life and left another worker critically injured after a high-temperature furnace failure. Police are investigating potential negligence.
ESL Steel, IOCL Sign PNG Supply Deal for Bokaro Plant
ESL Steel Limited inks pact with Indian Oil for Piped Natural Gas supply to its Bokaro steel plant, marking a major shift towards cleaner fuel and sustainable operations. Read more.
Algoma Steel to Cut 1,000 Jobs Due to US Tariffs
Canadian steel giant Algoma Steel will slash 1,000 jobs and shut its blast furnace in Ontario, blaming US tariffs for heavy losses. The layoffs start March 23, 2025. Read more.
Rs 4,000 Crore Plan to Revive Bhadravati Steel Plant
Union Minister H D Kumaraswamy announces detailed project report worth Rs 4,000 crore to revive Sir M Visvesvaraya Iron and Steel Plant in Bhadravathi. Read about the revival plan.
₹4,000 Crore Revival Plan for Shivamogga Steel Plant
Union Minister HD Kumaraswamy announces massive ₹4,000 crore revival of Visvesvaraya Iron and Steel Plant. Detailed project report for 40-year operation plan underway. Read more about this industrial revival.
VSP's Future Depends on Meeting Production Targets
Steel ministry officials reveal Visakhapatnam Steel Plant must achieve 19,000 tonnes daily output for survival. Centre's financial aid unlikely, making production crucial. Read the full analysis.
India Needs Targeted Finance for Green Steel: Report
New analysis reveals 92% of India's planned steel capacity expansion remains unbuilt. Strategic public finance now could determine industry emissions for decades.
Metal stocks surge 2%, SAIL & JSW Steel lead rally
Nifty Metal index surged 2% as US Fed rate cut bets boosted global metal prices. SAIL and JSW Steel led gains. Discover the outlook and key stocks to watch.
Gallard Steel IPO Lists at 49% Premium on BSE SME
Gallard Steel shares made spectacular debut, listing at 49% premium over IPO price. The ₹37.50 crore issue was oversubscribed 375 times. Discover what drove this massive investor response.
Chhattisgarh Bags ₹6826 Cr Investments in Delhi Roadshow
Chhattisgarh attracts ₹6,826 crore investment commitments in Delhi roadshow, generating 3000+ jobs. State showcases rapid approval system & industrial growth potential. #Investment #ChhattisgarhGrowth
Karnika Industries Q2 FY26 Profit Soars, Margins Expand
Karnika Industries announces robust Q2 FY26 results with significant profit growth and margin expansion. Strong H1 performance sets positive outlook for fiscal year.
India May Impose Steel Import Tariffs to Support Local Mills
India considers import tariffs on certain steel products to protect domestic industry from cheap imports. Government evaluates measures to support local manufacturers.
Second Steel Bridge Erected for Mumbai-Ahmedabad Bullet Train
The Mumbai-Ahmedabad bullet train project achieves crucial milestone as second 70-meter steel bridge erected over Cadila bridge in Ahmedabad. Read about this engineering marvel!
India May Impose Steel Import Tariffs Against China
India plans 11-12% steel import tariffs for 3 years to protect domestic producers from Chinese dumping. Get latest trade policy updates.
Why US and Europe Remain Divided on Critical Trade Deal
The US and EU struggle to finalize a trade agreement on steel and aluminum. Key hurdles include tariffs, green subsidies, and December deadlines. Explore the implications for global trade.
Gallard Steel IPO Allotment Status Out Today
Gallard Steel IPO allotment finalized today. Investors can check status via registrar portal. Shares credited to demat accounts on Tuesday, listing scheduled for Wednesday.
DMK vs AIADMK: Tamil Nadu's SIR Scheme Battle
DMK and AIADMK clash over Salem Steel SIR scheme implementation. Ground report reveals political strategies and public sentiment ahead of elections.
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