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Searched Tag: cheap steel imports
Cold-roll steel forming is a manufacturing process to shape steel into complex profiles and components, enabling the production of structural and aesthetic components used in a wide range of industries – from construction and agriculture to automotive and infrastructure

Export high-value items that face lower duties: Steel industry

November 5, 2025, 01:57 PM - 3 min read

High US tariffs of 50 per cent on Indian steel have dented exports, causing alarm among domestic producers who’re also battling lowering prices due to increased imports from China

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Pointing out to the problem of plenty in countries like China, which are dumping cheap quality steel products in India, Poundrik said over-production in such nations impacts prices in countries like ours

Low steel prices posing problems for small producers: Secretary

November 4, 2025, 06:06 PM - 3 min read

Five years ago, the prices of steel were higher than what they should have been, and today, the prices of steel are so low that they’re harming small players, said Steel Secretary, Sandeep Poundrik

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Under the first two rounds, the PLI scheme attracted a committed investment of ₹43,874 crore, with ₹22,973 crore already invested, and over 13,000 jobs created under the first two rounds, the ministry said

PLI scheme-backed investments extended to 'specialty steel'

November 4, 2025, 03:45 PM - 2 min read

Steel Minister HD Kumaraswamy launched the third round of Production Linked Incentive (PLI) Scheme for specialty steel, which was approved by the Cabinet in 2021 to increase production of high-value and advanced steel grades

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As per market data, stainless steel is also unable to reach 100 per cent capacity utilisation of the total installed capacity of 7.5 million tonnes

Steel makers urge govt to redress rising imports issue

November 2, 2025, 01:25 PM - 3 min read

Over production of crude steel in countries like China has led to increased dumping of crude steel in India, hampering domestic market which remains at around 60 per cent capacity utilisation of the total installed capacity

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In April-August period of FY26, the country has been a net importer of steel with inbound shipments exceeding exports by 0.28 MT.

Govt calls for ‘open house’ discussion on steel imports

October 22, 2025, 11:24 PM - 2 min read

The Ministry of Steel has invited companies and associations to present their issues in an ‘open house’ on October 27, especially with regards concerns surrounding dumping of cheap steel from global producers that is harming domestic production

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