Domestic Steel Prices Rise After Safeguard Duty
Domestic steelmakers hike prices of HRC, CRC, and rebar by 2-6% in early January after a 12% safeguard duty on imports. Analysts see sustainable gains but caution on future capacity growth. Read more.
Category : Search result: domestic steel industry
Tata Steel, JSW, SAIL breached antitrust law: CCI probe
India's competition watchdog finds 31 steel firms, including giants Tata Steel, JSW Steel, and SAIL, colluded on prices. 56 executives face liability. Read the full details and potential penalties.
CCI: Tata Steel, JSW Steel, SAIL Breached Competition Law
The Competition Commission of India has found major steel producers, including Tata Steel and SAIL, guilty of antitrust violations. Discover the details and implications for the industry.
BlueScope Steel evaluates $13.2bn joint takeover bid
Australia's BlueScope Steel is considering a massive $13.2 billion takeover offer from US-based Steel Dynamics and Australian conglomerate SGH. The bid aims to split the steelmaker's global operations. Read the full details.
JSW Steel: Investment Pros & Cons After Tariff Boost
JSW Steel shares surged 4.9% after new import duties. We analyze its strong market position, expansion plans, high debt, and recent performance to help you decide.
Steel Prices Jump After New Import Duty, Construction Hit
India's new safeguard duty on select steel imports has led to a sharp price rise of up to Rs 8,000 per tonne. Industry warns of a 2% increase in construction costs, impacting real estate and auto sectors. Read more.
BlueScope Steel Receives $8.8 Billion Takeover Offer
Australian steel giant BlueScope receives a massive A$13.14bn takeover bid. The deal could reshape global steel supply chains. Read the full details and analysis here.
$8.8 Billion Takeover Offer for BlueScope Steel
US steel giant Steel Dynamics and Australia's SGH Limited launch a massive A$13.14 billion takeover bid for BlueScope Steel. The deal targets its lucrative North American assets. Read the full analysis.
Steel Stocks Jump on Extended Safeguard Duty
Indian steel stocks rise after govt extends import duty for 3 years, offering relief amid rising costs and supply. JSW Steel, Jindal Steel gain 6%. Read more on Q3 outlook.
IAS Trainees Tour Bokaro Steel Plant in Jharkhand
A group of 2022-batch IAS officer trainees visited SAIL's Bokaro Steel Plant to understand steel production and public sector governance. Read about their key learnings.
BCCI's 'International Feel' Plan for Ranji Trophy 2024-25
BCCI introduces neutral umpires, points system revamp & video analysts for Ranji Trophy 2024-25 to elevate domestic cricket standards. Discover the full plan here.
Media Partners Invited for Bharat Steel Expo 2026
India's Ministry of Steel invites media partners for the 3rd Bharat Steel Expo 2026 in New Delhi. Learn about this major event shaping the future of the steel industry. Apply by May 31, 2025!
Domestic help mastermind in ex-AAG's wife murder: Mohali Police
Mohali police crack murder of ex-Punjab AAG's wife, Ashok Goyal. Domestic help of 8 years, Neeraj, orchestrated robbery & strangulation. 40 tolas gold, Rs 8.5 lakh stolen. Read details.
SAIL's Manish Raj Gupta Assumes CMD Charge at RINL
Manish Raj Gupta, Director at SAIL, assumes additional charge as CMD of RINL (Visakhapatnam Steel Plant). A seasoned leader with over three decades of experience, his appointment is set to drive strategic growth. Read more about his career and vision.
Tata Steel Rallies 8% on Govt's Steel Duty Extension
Tata Steel shares continue their rally, gaining 1.2% to hit a one-month high after India extends safeguard duties on steel imports for three years. Discover the impact on the sector and future demand outlook.
India's Anti-Dumping Duty on Met Coke from China, Australia
India imposes provisional anti-dumping duty on low-ash metallurgical coke imports from China, Australia & 4 others to protect domestic industry. Details on rates & expert critique inside.
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.
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.
Domestic air traffic growth forecast cut sharply to 0.3% for FY26
Rating agency ICRA revises India's domestic air passenger traffic growth projection down to 0.3% for FY2026, citing aircraft groundings and supply chain issues. Key factors and industry outlook analyzed.
Hisar: Man kills wife, commits suicide in Bhatla village
A domestic dispute turned fatal in Hisar's Bhatla village as Rakesh (30) allegedly killed wife Seema (28) before hanging himself. The couple, married since 2019, leaves behind two daughters. Police investigation ongoing.
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.
Auto PLI Funds May Double to ₹5,500 Cr in FY27
India's government plans to nearly double auto PLI scheme funds to ₹5,500 crore for FY27 to boost EV manufacturing, but rejects pleas from new-age automakers to reopen applications. Explore the impact.
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