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Monday, March 16, 2026
TopicIndian steel market

Topic: Indian steel market

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

Gulf conflict pushes Dubai diamond traders to eye Surat for rough stone auctions. But there are hurdles

Industry leaders say India’s complicated customs process and GST levies are deterrents for traders to come to Surat for auctions.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.