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Thursday, August 14, 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

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.