India has imposed an anti-dumping duty on certain steel shipments from Vietnam, following a year-long investigation into potential threats and injury to India’s domestic steel sector. The duty targets hot-rolled flat products of alloy or non-alloy steel from the Southeast Asian nation. The ministry stated that the domestic steel industry has suffered significant injury due…
The amount of completed steel that India imported in April 2025 was 0.5 million metric tons, a decrease of 11.3 percent from the previous year. In addition, India’s completed steel exports saw a significant drop in the same month. India is the world’s second-largest producer of raw steel. A 12 percent levy on steel imports…
The government has been advised by the miners’ organization FIMI not to impose any export duties on low-grade iron ore, claiming that doing so would result in a large loss of state revenue, jobs, and foreign exchange profits. The Federation of Indian Mineral Industries (FIMI) made a representation to the government stating that the imposition…
The Center will shortly launch a financial bid process for the privatization of NMDC Steel with a goal of concluding the deal in early 2023–2024. The share price of NMDC Steel increased 4.88% to settle at Rs 33.3 on Tuesday after going public at Rs 30.25 on Monday. The Centre’s 60.79% stake was valued at…
