Tuesday, December 24, 2024
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    India

    DGTR initiates safeguard investigation on flat steel imports

    The Directorate General of Trade Remedies (DGTR), under the Commerce Ministry, has launched a safeguard investigation into the imports of non-alloy and alloy flat...

    Tata Steel upgrades BOF at Jamshedpur plant

    Tata Steel has partnered with Danieli India to replace the lower and upper stacks of several Basic Oxygen Furnace (BOF) converters at its Jamshedpur...

    JSW Steel merges U.S. subsidiaries to streamline operations

    JSW Steel announced the consolidation of its U.S.-based coal mining subsidiaries in West Virginia. The restructuring involves merging step-down subsidiaries Purest Energy, LLC with...

    Govt may impose safeguard duty on steel imports – report

    India is expected to impose a safeguard duty of up to 25pct on steel imports to counter cheap supplies, primarily from China, Reuters reported. Major...

    Vardhman Special Steels to install advanced in-line profile measuring system

    India's Vardhman Special Steels has collaborated with Kocks to order the country's first 4D EAGLE S profile measuring system. Introduced in April 2024, the 4D...

    Tata Steel negotiates with NMDC and OMC for long-term iron ore supply

    Tata Steel is in talks with NMDC and Odisha Mining Corporation (OMC) to ensure future iron ore supplies as it scales up its domestic...

    ICRA forecasts domestic steel capacity utilization to fall below 80pct in FY25

    ICRA projects that domestic steel industry capacity utilization will dip below 80pct in FY2025 for the first time in four years, as cheap imports...

    Govt mulls 25pct safeguard duty on flat steel imports

    The Indian government is considering imposing a 25pct safeguard duty on flat steel imports, Union Steel Minister H.D. Kumaraswamy announced. According to reports, the...

    JSW-JFE JV obtains regulatory approval for acquisition of Thyssenkrupp Electrical Steel

    India's Competition Commission (CCI) has approved the acquisition of Thyssenkrupp Electrical Steel India Pvt Ltd by JSquare Electrical Steel Nashik Pvt Ltd, a subsidiary...

    Steel imports outpace exports in 8M FY25 despite shifting November trends

    India emerged as a net steel importer during the April-November period of FY25, despite notable shifts in export and import trends in November. In the...

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