Page 5 of Steel industry

PLI scheme for specialty steel, steel industry, steel sector,

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.

December 9, 2022 18:32 IST

steel products, RoDTEP scheme, Jyotiraditya Scindia,

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…

December 8, 2022 17:15 IST

Steel export, Steel export duty, steel industry

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…

November 24, 2022 00:45 IST

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…

November 22, 2022 17:41 IST

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,…

Updated: November 22, 2022 14:15 IST

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…

Updated: November 22, 2022 11:22 IST

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…

November 22, 2022 03:30 IST

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…

Updated: November 21, 2022 14:16 IST

export duties on iron, export duty on steel, steel industry

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…

November 20, 2022 03:30 IST

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…

November 19, 2022 16:56 IST

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.

Updated: November 15, 2022 12:27 IST

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…

October 28, 2022 00:05 IST

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…

October 27, 2022 01:45 IST

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.

Updated: October 20, 2022 13:04 IST

Even though the 30 per cent reduction of steel prices in India reflected the global trend of falling steel prices, the steps taken by the Finance Minister exhibited the Centre's willingness to safeguard the interests of MSMEs in the country, it said.

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…

October 7, 2022 18:15 IST

Government sets up two advisory committees to iron out challenges in steel industry

Members of the steel industry, associations, academia, and senior retired government officials are members of the two separate committees formed…

Updated: October 5, 2022 13:07 IST

steel, steel industry, steel export, steel import

Scrap the export duty on steel

Coking coal prices, not steel exports, drove up domestic prices. That apart, India is bleeding market share in global steel…

September 23, 2022 04:45 IST

35 firms submit applications under PLI scheme for specialty Steel: Jyotiraditya Scindia

The minister shared the information while speaking at the ‘National Management Convention’ organised by the All India Management Association (AIMA)…

September 20, 2022 17:53 IST

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