Steel Imports

Steel export falls five-year low, imports at four-year high in FY23

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

Building boom sets up India as saviour for flagging global steel demand

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 hit 4-year high in April-October

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

Export levy impact: Tata Steel deliveries drop 2% YoY despite higher output

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

Imposing duty on steel items a knee-jerk action for industry: ISSDA chief

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.

EU to increase tariffs on India, Indonesia stainless steel imports

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

Centre not to impose anti-dumping duty on certain steel products

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

Dependence on imports in the steel sector is worrisome: R C P Singh

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

Tata Steel: Rising demand, steel prices and integrated ops bode well

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

Govt expands scope of steel import monitoring

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

Covid-19 casts a new light on steel as rural India provides some succour

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

Steel imports worth Rs 20,000 cr avoided due to DMISP policy: Pradhan

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

Despite encouraging signs, steel makers not out of the woods yet

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

India slaps anti-dumping duty on steel from China, Vietnam, Korea

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

Sponge iron industry gains on double-digit drop in FY20 steel imports

Lower scrap imports could pave way for vehicle scrap policy

Govt extends anti-dumping duty on certain steel items till December 4

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

Coronavirus disrupts supply chain, slows down domestic steel price rally

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

Govt considers making registration compulsory for paper importers

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

India, US agree to resolve amicably dispute over steel import duty

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

New codes likely to take 1,200 steel items out of 'others' category

These new codes will accurately define and classify the imported product