India Offers Zero-For-Zero Tariffs to US on Steel & Auto Parts
India is offering a zero-for-zero tariff arrangement to the US on steel, automotive components and pharmaceuticals, based on mutual concessions and capped import volumes. May 6, 2025 In an attempt to advance its ongoing trade discussions with the United States, India has submitted a proposal to implement zero-for-zero tariff arrangements on a limited set of […]
Chhattisgarh Steel Sector Attracts INR 1 lakh Crore Investment Proposals
Chhattisgarh currently produces 46 million tonnes of iron annually and aims to reach 65 million tonnes within the next five years. Apr 24, 2025 Chhattisgarh’s steel industry has received investor proposals of INR 1 lakh crore, according to State Minister for Commerce, Industry, and Labour, Lakhan Lal Devangan. He credited this surge to the successful […]
SMS group’s Initiative to Enhance Maintenance and Reliability in Steel Manufacturing
SMS group’s experts, Mr. Jia-Uei Chan, Mr. Minh Quoc Truong, Mr. Suchin Samatiwat, and Mr. Riyadi Dede, delivered insightful presentations on ‘Lifecycle Performance Service Solutions,’ demonstrating their commitment to advancing the steel industry’s efficiency and sustainability. Apr 16, 2025 SMS group participated in the 2025 SEAISI Travelling Technical Seminar, themed ‘Sustainable Smart Manufacturing and Process […]
Jindal (India) Plans to Invest INR 15,000 Crore to Expand Its Steel Capacity in Odisha
The promoters of the company have proposed a significant investment of INR 15,000 crore in Odisha with the goal to expand its steel production capabilities in the state. Apr 14, 2025 Jindal (India) Limited, a flagship company of B.C. Jindal Group has proposed a significant investment of INR 15,000 crore in Odisha, aiming to expand […]
European Commission Reveals ‘Action Plan’ to Decarbonize Steel & Metal Industries
The plan will ensure an affordable and secure energy supply for the sector, prevent carbon leakage, expand and protect European industrial capacities, promote circularity, protect quality industrial jobs, and ensure de-risking of decarbonisation. Mar 20, 2025 In order to maintain and expand European industrial capacities in the steel & metal sectors, as well as strengthen […]
DGTR Recommends Provisional Safeguard Duty of 12 Percent On Import of Flat Steel Products
DGTR has recommended safeguard duty on several non-alloy and alloy steel flat products, including hot rolled coils, sheets and plates; HR plate mill plates; cold rolled coils and sheets; metallic coated steel coils and sheets, both profiled or not; colour coated coils and sheets, whether profiled or not; and galvanneal steel coated with Zinc or […]
World’s Largest Single-Strand Mini Mill to Commence Steel Production by 2026
The facility will manufacture wire rod as an import substitute, helping Bangladesh to save around USD 250 million. It will also reduce the production cost per tonne of steel through the use of environment-friendly technology. Mar 17, 2025 Bashundhara Multi Steel Industries (BMSIL) has announced that the world’s largest single-strand mini mill, being established at […]
JTL Industries Incorporates JTL Engineering; Acquires Nabha Steels & Metals
JTL Industries Limited has incorporated JTL Engineering Limited, earlier known as Nabha Steels & Metals, as its subsidiary. Mar 12, 2025 JTL Industries Limited has incorporated JTL Engineering Limited as its subsidiary. The company was formerly known as Nabha Steels & Metals. This transition aligns with JTL’s long-term strategy to strengthen its market position in […]
EUROFER Seeks Simplification of CBAM to Increase its Effectiveness
In order to simplify and make Carbon Border Adjustment Mechanism (CBAM) effective, EUROFER has sought introduction of a structural legislative solution to preserve European exports and reduce the high risk of resource shuffling, as well as extend the mechanism’s scope to steel-intensive downstream products. Feb 19, 2025 Following the high-level conference “A Carbon Border Adjustment […]
Government Mandates BIS Mark on Manufacturing & Sale of Stainless Steel Seamless Pipes & Tubes
As per the Stainless Steel Pipes and Tubes (Quality Control) Order, 2025, which will come into effect on August 1, 2025, it will be compulsory for the companies to carry a mark of the Bureau of Indian Standards (BIS) on the production, trading, storage, import and sale of stainless steel seamless pipes and tubes. Feb […]
