Pune-based iron and steel forging company Kalyani Steel is grappling with rising input costs and the impact of cheap steel imports, which are putting pressure on margins and revenue growth. The ...

India is likely to introduce a "safeguard duty" of up to 25 per cent on steel imports to curb the influx of cheap steel from China, news agency Reuters reported citing industry and government sources.

Small manufacturers' initial opposition subsided after assurances of reduced steel prices from larger domestic producers. A government investigation into the impact of cheap imports is expected to ...

Major producers such as JSW Steel, Tata Steel and ArcelorMittal Nippon Steel India have raised concerns about cheaper imports from China. Reuters Last Updated : 17 December 2024, 15:31 IST ...

The government has a tough choice to make—whether to introduce a levy on the import of cheap steel to protect the domestic industry or not. If it does impose a levy, steel prices are likely to ...

NEW DELHI (Reuters) - India is likely to impose a "safeguard duty" or temporary tax of up to 25% on steel imports, industry and government sources said, to help to curb cheap imports from top producer ...

NEW DELHI, Dec 17 (Reuters) - India is likely to impose a "safeguard duty" or temporary tax of up to 25% on steel imports, industry and government sources said, to help to curb cheap imports from ...

India is likely to impose a "safeguard duty" or temporary tax of up to 25% on steel imports, industry and government sources said, to help to curb cheap imports from top producer China. The proposal ...

New Delhi : Capacity utilisation of domestic steel industry in 2024-25 is poised to slip below 80 per cent for the first time in four years as cheap imports nibble at market share, according to ...

India's steel industry's capacity utilization is projected to fall below 80% in 2024-25 due to rising cheap imports, impacting domestic producers' market share. This decline follows three years of ...

New Delhi [India], December 12 (ANI): Capacity utilisation of domestic steel industry in 2024-25 is poised to slip below 80 per cent for the first time in four years as cheap imports nibble at ...

This has led to concerns among large domestic steel producers and Indian steel associations, who have asked the government to protect their businesses. They demand that additional duties be imposed on ...