More initiatives on anvil to boost steel sector in 2023 Ensuring the raw material security for steel production will be a key focus area for the government as the country… 3 years agoDecember 24, 2022
Domestic demand for finished steel to grow 8 pc this year: Icra Supported by the government’s infrastructure-led growth model, domestic finished steel demand has registered a double-digit growth of 11.9 per cent… 3 years agoDecember 21, 2022
India’s steel output grows 5 pc to 10.34 MT in November: SteelMint report As per the research firm, the top six steel makers — SAIL, Tata Steel, JSW Steel, JSPL, AMNS India and… 3 years agoDecember 12, 2022
Govt selects 67 entries with Rs 42,500 crore investment potential under PLI scheme for specialty steel After several extensions, the final window for participation in the PLI scheme closed on September 15, 2022. 3 years agoDecember 9, 2022
Inclusion of iron and steel products in RoDTEP scheme will expand global presence: Jyotiraditya Scindia The move follows removal of export duty on steel products to nil effective November 19, 2022, the steel minister said… 3 years agoDecember 8, 2022
Modi govt’s steel export duty roll-back decision may not help in restoring volumes, say experts JSW Steel, the flagship company of the diversified JSW Group, exports nearly 20-25% of its total sales, and even in… 3 years agoNovember 23, 2022
Collaborate with institutions to find an alternative of coking coal: Piyush Goyal to steel industry The industry needs to become self-reliant on coking coal to remove India’s dependency on a few countries for the key… 3 years agoNovember 22, 2022
Removal of export duty to help steel makers pull up profits, say experts The relief comes on the back of domestic steel prices correcting by 15-20 per cent since these duties were imposed,… 3 years agoNovember 22, 2022
Govt preparing ‘coking coal mission’ to diversify raw material sources: Steel minister Jyotiraditya Scindia The mission is part of the government’s efforts to reduce dependence on imports for coking coal and increase use of… 3 years agoNovember 22, 2022
Scrapping of export taxes to aid steel industry’s growth: Scindia After so many years, Indian steel industry has been able to enlarge its footprint globally and therefore it was “our… 3 years agoNovember 21, 2022
Removal of export duty will lead to new era of growth for steel industry, says Jyotiraditya Scindia It has taken years for the domestic steel industry to gain footprint in the international markets, the steel minister said… 3 years agoNovember 21, 2022
Govt withdraws special export duties on iron, steel as inflation eases In the case of iron ore and concentrates, the 50% export duty has been removed on lumps below 58% iron… 3 years agoNovember 19, 2022
Export duty on steel, iron ore cut; tax on some raw material imports hiked During October, engineering exports fell 21 per cent to USD 7.4 billion, primarily due to decline in shipments of steel… 3 years agoNovember 19, 2022
Profitability of domestic steel makers to rise in December quarter on better demand conditions: Experts Analysts see a ray of hope in the December quarter for Indian steel companies on better domestic demand conditions. 3 years agoNovember 15, 2022
JSW Steel ties up $182 m financing from Italian banks JSW Steel USA’s plate mill facility in Texas is undergoing a major upgrade, which requires a total investment of $260… 3 years agoOctober 27, 2022
No proposal yet to review export duties on iron and steel products On May 21, the government reduced import duty on certain raw materials for steel and imposed export duties on certain… 3 years agoOctober 26, 2022
Steel prices fall 40 pc in last six months to Rs 57,000/ton: SteelMint In early 2022, the prices of hot rolled coil (HRC) started showing an upward trend. 3 years agoOctober 20, 2022
Don’t withdraw export duty on steel products: FOCIA In a letter to the Minister, a copy of which was made available to the press, FOCIA thanked her for… 3 years agoOctober 7, 2022
