Already labeled a protectionist regime, the Indian government recently issued notice to the World Trade Organization (WTO) of its intent to bring more stainless steel items under quality control, The Hindu Business Line reported. The move has Indian importers of stainless steel worried. Need buying strategies for steel in 2019? MetalMiner’s Annual Outlook has what […]
Sohrab Darabshaw
Indian Steel Exports to U.S. Plummet as Aluminum Exports Surge
Amidst the trade tension that exists between the United States and India, now comes a report that India’s steel exports to the U.S. last year fell by a whopping 49%. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook On the other hand, exports of Indian aluminum went up by 58%. […]
India Launches Anti-Dumping Probe of Flat Steel Products from China, South Korea, Vietnam
The Indian government has initiated an inquiry into an allegation of dumping of aluminum and zinc-coated flat steel products from China, the Republic of Korea and Vietnam. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook The probe will cover the October 2017-September 2018 period, but data from 2015 will also be looked at […]
India’s Reliance on Coal Draws Criticism from Greenpeace, Other Agencies
India’s continued emphasis on coal-based power plants has drawn flak from Greenpeace India and other agencies. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook A report released jointly by Global Energy Monitor, Greenpeace India and the Sierra Club said the Indian government continued to support thermal power plants when they […]
Indian Steelmakers Grapple with Sanctions-Diverted Iranian Steel
As if cheap steel imports from the Association of Southeast Asian Nations (ASEAN) was not enough of a problem to handle, India’s steelmakers are now fretting over heavily discounted steel imports coming in from Iran, a country that is under economic sanctions imposed by the United States. Need buying strategies for steel? Request your two-month […]
India’s NCLT OKs ArcelorMittal’s Resolution Plan for Essar Steel
Steel tycoon Lakshmi Mittal’s dream of re-entering the Indian steel market is about to come true. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook After almost a year of legal tussles, the National Company Law Tribunal (NCLT), Ahmedabad bench, gave the green light to ArcelorMittal’s resolution plan for the debt-laden […]
JSW Steel Signs $700M Supply Deal with Duferco International Trading Holding
In what’s been dubbed as a rather unique agreement for an Indian steel company, JSW Steel this week signed a payment and supply deal with Duferco International Trading Holding (DITH) for U.S. $700 million. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to reports, the five-year agreement provides DITH […]
India Faces Lack of Domestic Steel Options for Railway Development Initiatives
The railways sector is one of the high-growth areas in India, so far as infrastructure is concerned. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Much of it still runs on a setup that its former colonial ruler, the British Empire, left behind, and then some. In a bid for […]
India’s Aluminum Producers, Like Steel Counterparts, Battle Rising Imports
Last week, MetalMiner reported on the challenges India’s steel companies face in the form of cheaper imports, and their desire for the Indian government to impose an import tax. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The woes of India’s aluminum producers, too, are similar. Primary and secondary producers have […]
Indian Government Aims to Boost Domestic Steel Sector with Import Restrictions
Steel imports are once again threatening India’s steel sector, spurring major steel companies to ask the government to impose steel import duties. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In the past few months, representatives of steel companies like Tata Steel and JSW Steel have met steel ministry officers […]
