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Real estate slowdown takes a toll on domestic steel industry

Poor demand in the housing sector has started taking a toll on the already weak steel sector. The steel-rolling mills of Wada in Maharashtra are a telltale sign of that. Vipin Agarwal, a steel mill owner in Wada, a steel ...

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Thailand to protect domestic steel industry from China imports

Thailand’s Commerce Ministry and enterprises related to the steel industry have agreed on measures to promote sustainable growth as well as prevent an influx of cheap steel from overseas, especially China. The measures were agreed at a meeting of representatives ...

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Indian Mines and Steel Ministry decides to hike import duty on finished steel products

In a report, which was submitted to the Finance Minister Arun Jaitely, by the Steel and Mines Ministry’s Narendra Singh Tomar, did not recommend to cut down the export duty on iron ore in order to secure long term raw material security ...

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Steel ministry asks for steel to be kept on negative list for RCEP

NEW DELHI: Apprehending that the domestic steel industry might face increased risk of dumping from China, Japan and South Korea due to India’s participation in a 16-country trade bloc called Regional Comprehensive Economic Partnership (RCEP), the steel ministry has requested ...

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