South Asia Steel News Reports.

India Proposes Temporary Tax of Up to 25% to Curb Cheap Steel ...
india steel trade
Fri, 20 Dec 2024 09:40:00 GMT
India is poised to impose a safeguard duty, or temporary tax, of up to 25% on steel imports to curb the influx of inexpensive steel from


Fitch: Neutral Sector Outlook for Global Steel in 2025
india production steel
Mon, 16 Dec 2024 00:00:00 GMT
Fitch Ratings outlook for the global steel sector in 2025 is neutral reflecting our expectations of a slight recovery in the steel industry after a lacklustre 2024, mainly due to a more balanced Chinese steel market, falling costs and a slight rise in prices and producers margins. We expect apparent steel consumption in 2025 to increase by the low single digits, supported by India, steady demand from China and an upturn in the US and EU. We expect that steel production in China will


ED restitutes assets worth Rs 4,025 crore in Bhushan Steel bank ...
jsw steel
Sat, 14 Dec 2024 00:00:00 GMT
The Enforcement Directorate (ED) returned 4,025 crore to JSW, the successful bidder for Bhushan Power and Steel Ltd's assets under the Insolvency and Bankruptcy Code. The ED had initially attached these assets under the Prevention of Money Laundering Act, following investigations into fraud by the former


India's Thriving Coal-Driven Steel Industry Threatens Green Goals
coal india
Thu, 12 Dec 2024 23:30:00 GMT
India’s rapidly growing and coal-dependent steel industry presents significan't challenges to its goal of achieving net zero


Tata NL steps up transport by train, vessel
steel tata
Mon, 09 Dec 2024 00:00:00 GMT
Tata Steel Nederland and Deutsche Bahn (DB) Cargo have signed a contract to transport steel coil by...


Tata Steel Nederland and DB Cargo partner for CO2-free steel ...
steel tata
Fri, 06 Dec 2024 00:00:00 GMT
Tata Steel Nederland and DB Cargo have signed a contract to transport steel coils by train on green electricity.


Indian steel mills feel crunch from cheap Chinese imports
india steel trade
Thu, 05 Dec 2024 00:00:00 GMT
Indias construction boom with its gleaming highrises and multilane highways was supposed to drive up domestic steel sales, but Jogindra Groups mills in northern Punjab state are filled with unsold inventory. A flood of cheap Chinese steel has pushed Indias smaller mills to scale down operations and consider job cuts, as the South Asian nation joins a growing list of countries contemplating action to stem imports. India, the worlds second-largest steel maker, turned into a net importer in


Joydeep Dasgupta joins Director (Production) of NMDC
coal india production sail
Sat, 16 Nov 2024 00:00:00 GMT
Joydeep Dasgupta is the new director of production at NMDC. He started on Saturday. The government appointed Dasgupta on Friday. He will be director until at least April 2028. Dasgupta is an electrical engineer. He worked at SAIL for 27 years. He was also CEO of International Coal Ventures. Dasgupta has mining experience in India and other


Tata Nederland to import Norway hydrogen, export CO2
ghg norway steel tata trade
Fri, 15 Nov 2024 00:00:00 GMT
Tata Steel Nederland plans to import zero-emission hydrogen from Norway for use in the steelmaking...


Primetals Press Release
india investment metals primetals sail
Thu, 14 Nov 2024 00:00:00 GMT
SAIL Bokaros Finishing Mill Modernized After Smooth Implementation by Primetals Technologies


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