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Sunday, July 20, 2025
TopicIndian steel market

Topic: Indian steel market

India’s finished steel imports fall by 11.3% in April as shipments from China, Japan decline

According to provisional govt data, India's imports from Germany rose more than five times to 30,600 metric tons, while those from France jumped 10 times to 30,300 metric tons.

Indian govt recommends 12% ‘safeguard duty’ on imports of some steel products

The decision comes after an influx of cheap Chinese steel has forced India's smaller mills to scale down operations and consider job cuts.

India’s backsliding on hard-won economic freedoms of 1991, with no reformers to protect them today

There are 3 perfectly timed triggers for this week's column: old, povertarian instincts are back; steel industry lobbying for more import duties; absence of reformers like AD Shroff.

Govt to reject proposal for anti-subsidy tax on certain Chinese steel products

The decision by the finance ministry aims to protect steel-consuming firms from higher prices even though it could hurt local steel manufacturers, the govt source said.The decision by the finance ministry aims to protect steel-consuming firms from higher prices even though it could hurt local steel manufacturers, the govt source said.

Steel exports slump to 5-yr low in FY23 as slowing demand, export tax hamper shipments

India shipped 6.7 million tonnes of finished steel in FY23, a decline of 50.2% on the year and the lowest since 2018/19.

On Camera

Can Syria’s tiny Druze minority survive West Asia’s new storms? There’s little hope

Indians see West Asia as one uninterrupted wash of Islam, but the reality is more complex. For the Druze, support from Israel—where they are a recognised minority—is now critical.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.