South Asia Steel News Reports.

Steel import curbs key in Indian steel industrys budget asks ...
india steel trade
Wed, 29 Jan 2025 00:00:00 GMT
The Indian Steel Association urged the government to double the basic customs duty on steel imports in its upcoming union budget for financial year 2025-26, according to a source with knowledge of the matter. The government will announce the Union Budget of financial year 2025-26 on Feb. 1. The association, an apex body representing primary steel manufacturers, has asked for an increase in the basic customs duty on steel imports to 15% from 7.5% amid an inflow of material in the country that


Influx of Chinese steel likely to impact Indias near-term growth: ...
jsw market oman steel
Wed, 29 Jan 2025 00:00:00 GMT
The inflow of steel imports from China is one of the key factors expected to impact Indias near-term growth, JSW Steels chief economist said Jan. 27. If Chinese material does not find their own outlets, they will flow to the markets they find more accessible, Mangesh Soman said at an industry event. That is a threat we have to be aware of and guard against it and the government needs to look at it seriously. Somans comments come in the backdrop of Indias Directorate General of Trade


CCEA approves Rs 11,440 crore RINL revival plan
india production sail steel
Sat, 18 Jan 2025 00:00:00 GMT
The CCEA approved an Rs 11,440 crore revival plan for RINL, including Rs 10,300 crore in fresh equity. RINL aims to achieve peak steel production capacity and liquidate outstanding dues of Rs 35,000 crore. Additionally, the Steel Ministry proposes merging KIOCL with NMDC and considers integrating RINL into SAIL in the


RITES shares rally 4% on Rs 70 cr order win, collaboration with ...
india sail steel
Fri, 03 Jan 2025 00:00:00 GMT
RITES has been awarded a work order for the R3Y/ R6Y Repair of WDS6 Locomotives (43 Nos.) by Steel Authority of India (SAIL) at the Bhilai Steel Plant.RITES also announced yesterday that its subsidiary, REMC, has signed a memorandum of understanding (MoU) with Indian Railway Finance Corporation


Four Workers Killed in Fire at ArcelorMittal Nippon Steel Plant ...
india labour nippon steel
Thu, 02 Jan 2025 21:45:00 GMT
A devastating fire erupted at the ArcelorMittal Nippon Steel India (AM/NS India) plant in Hazira, Gujarat, on Tuesday evening. The fire


Indian Steel and Petrochemical Industries Urge Government for ...
india steel trade
Thu, 26 Dec 2024 17:25:00 GMT
Both the steel and petrochemical sectors have urged the Indian government to increase import duties to safeguard domestic industries


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.


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


Pakistan and Russia to discuss revival of Steel Mill, CM Murad ...
investment russia steel
Tue, 12 Nov 2024 00:00:00 GMT
Online talks next week set to pave the way for modernizing Pakistan Steel Mills, with a Russian delegation to visit for further


Number of news reports: 10
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