Indian Steel Industry Shows Strong Growth Amid Emerging Geo-Political Challenges in 2025-26
The Indian steel industry delivered a robust performance in the financial year 2025–26, consolidating its position as the world’s second-largest producer while navigating global uncertainties and price pressures. Apr 08, 2026 India’s crude steel output continued its upward trajectory in 2025–26, growing by over 10.7% year-on-year to around 168.4 million tonnes during April–March, reflecting sustained […]
India Proposes Retaliatory Duties on EU Steel Imports
India proposes to impose retaliatory duties on certain steel imports from the EU after both sides failed to reach a consensus. Mar 29, 2025 India’s steel exports suffered an annual loss of USD 1.472 billion in 2023-24 due to the EU’s policies. The duty collection from steel has reached USD 368 million at a 25% tariff. […]
Demand Slump: China Suspends Approvals for New Steel Plants
Steel demand has fallen more than 10 percent since 2020 in China. Earlier, companies were permitted to build steel plants on the condition that they remove set amounts of existing and older capacity. Sep 3, 2024 In a strong response to a demand slump, which has fallen more than 10 percent since 2020, crushing industry […]
