India mulls safeguard duty on steel imports

Last Updated: Tuesday, September 8, 2015, 22:49

The government is likely to soon impose safeguard duty on imports of certain types of steel as it has found prima-facie evidence that surge in imports is hurting domestic producers.

India's push to curb steel imports could hit its small mills

Last Updated: Wednesday, July 8, 2015, 13:51

Steps by India to protect its large steelmakers from a flood of cheap imports could end up closing scores of small, local firms that process the metal, industry analysts and executives said.

Steel, aluminium players want action against Chinese dumping

Last Updated: Sunday, May 31, 2015, 12:52

Many domestic players like Tata Steel, JSW Steel and Hindalco have seen their profits come under pressure in the March quarter. The worrying part for them is the risk of a spike in low-cost imports, as Chinese firms push their excess production to global markets.

Urbanising India best bet for Chinese steel

Last Updated: Tuesday, May 5, 2015, 11:00

Urban dwellers will double to more than 800 million by 2050, a scale of mass urbanisation only seen before in China.

Tata Steel hopes Budget to take steps to arrest rising imports

Last Updated: Thursday, February 26, 2015, 18:55

Tata Steel on Thursday said it expects Finance Minister Arun Jaitley will take necessary measures in the upcoming Union Budget to rein in rising steel imports for making the domestic industry competitive.

Tata Steel resumes operations at top iron ore mine

Last Updated: Friday, January 2, 2015, 16:11

Tata Steel Ltd has resumed mining operations at its biggest iron ore mine after a more-than-three-month stoppage, a company spokesman told Reuters, a move that will help lower its reliance on costlier imports of the raw material.

India's finished steel imports dip 36% during April-Sept

Last Updated: Monday, November 28, 2011, 14:29

India's imports of finished steel dipped by over 35 percent to 2.88 million tonnes in the April-September period of the current fiscal, Parliament was informed on Monday.

Weak Rupee to support Indian steel prices

Last Updated: Saturday, November 12, 2011, 19:09

A weak rupee may help keep steel prices steady in the country by limited steel imports even as global steel prices would continue to determine the Indian price.