Steel Imports

During April-January, India's imports of Russian steel reached an eight-year high, and shipments were nearly five times higher than in the same period a year ago

Inward shipments rose 15% in April through October from a year earlier to 3.1 million tons, according to government figures

India's finished steel imports from Russia during April-October rose to their highest in at least four years, government data showed

Tata Steel said domestic despatches were up 5% YoY, leveraging a strong marketing network and an agile business model

The government's objective behind the move was to cool down steel prices. However, the prices anyway had started showing a downward trend, the industry expert said.

The European Union will increase tariffs on stainless steel products from India and Indonesia after determining they benefited from unfair subsidies, including some from China under its BRI programme

The government has decided not to impose anti-dumping duty on certain steel products being imported from countries like China, Japan, and Korea

Newly appointed Steel Minister says the announcement of the Rs 6,322-cr PLI scheme for specialty steel is another step towards 'Atmanirbhar Bharat'

During Q2, Tata Steel not only achieved its highest-ever domestic deliveries of 5.05 million tonnes (MT), volumes at its European operations too, rebounded to year-ago levels

The importer can apply for registration not earlier than 60th day and not later than 15 days before the expected date of arrival of import consignment

With rural India being the only bright spot in the pandemic, steelmakers are looking beyond automobile and exports to daily-use products

Domestically manufactured iron and steel products (DMISP) policy was launched in 2017 and has helped India avoid steel imports worth over Rs 20,000 crore

Anti-dumping duty on Galvalume steel is positive but more is required to boost the sector ailing under low demand and realisation

The duty is applicable on products originating from or exported from China, Vietnam and Korea and imported into India

Lower scrap imports could pave way for vehicle scrap policy

While DGTR recommends the duty to be levied, the finance ministry imposes it

Manufacturers say some room to increase prices exists, as cost of coking coal, a key input, has gone up

The Directorate General of Foreign Trade, under the Commerce Ministry, is looking at the matter

The US agreed to resolve the matter amicably as the appellate body of the WTO's dispute settlement mechanism has become dysfunctional since last month

These new codes will accurately define and classify the imported product