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.
Category : Search result: steel trading fraud
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.
Ahmedabad: Rs 1.29 Cr Steel Fraud Case Filed
Two Ahmedabad industrialists face cheating charges for allegedly defrauding a steel trading firm of Rs 1.29 crore. Read the full details of the bounced cheques and unpaid orders.
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.
Ahmedabad Man Arrested for Rs 1.11 Crore Cyber Fraud
Thiruvananthapuram cybercrime police arrest a 25-year-old from Ahmedabad for defrauding a doctor of Rs 1.11 crore via fake online trading promises. Read the full investigation details.
Vizag couple loses ₹1.5 crore in crypto scam
A Visakhapatnam couple lost nearly ₹1.5 crore in a sophisticated USDT investment fraud. Cybercrime police warn against fake online trading platforms promising high returns. Report scams to 1930.
Pune architect cheated of Rs 19 lakh in online forex scam
A 50-year-old architect from Pune's Kothrud lost Rs 19 lakh in a sophisticated online forex trading scam. Learn how cyber criminals lured her with fake profits and how to stay safe.
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.
Jaipur man loses Rs 34 lakh in online trading scam
A Jaipur resident was cheated of Rs 34 lakh in a fake online trading fraud on Telegram. Police are investigating the cybercrime. Learn how to protect yourself from such scams.
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.
Zerodha Kill Switch Stops Over-Trading Problem
Zerodha CEO Nithin Kamath reveals how the Kill Switch feature helps traders avoid impulsive decisions after wins or losses. Learn how this tool protects investors from themselves.
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.
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.
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