Mon, Dec 31, 2018
The domestic steel consumption growth is expected to grow by 7 per cent during this fiscal and the trend is likely to continue in the next financial year as well, largely driven by the government's focus on the infrastructure sector, says an ICRA report.
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Wed, Sep 19, 2018
India`s steel ministry has proposed increasing the effective import duty on some steel products to 15 percent from current rates ranging from 5 percent to 12.5 percent, according to two sources and a government document reviewed by Reuters, as the country looks to support the rupee.
Tue, May 16, 2017
Anti Dumping Duty to be imposed on steel import. Watch the full segment for more details.
Sat, Mar 11, 2017
Imports of total finished steel in the first 11 months of the current fiscal declined by 38.5% to 6.591 mt over same period of last year.
Fri, Feb 10, 2017
Moody's and Care Ratings have projected the Government of India's latest move to extend the anti-dumping duties for the next two months to be credit positive for Indian steel companies.
Thu, Feb 09, 2017
Moody's has projected Tata Steel's leverage to remain high in the coming quarters of 2017.
Thu, Nov 24, 2016
The effective duty rate would be calculated after deducting the value of the goods and the anti-dumping duty payable when the import price is below USD 504 per tonne, said a Revenue Department notification.
Wed, Oct 05, 2016
India extended a floor price for imports of steel products for a further two months late on Tuesday as the government tries to protect the domestic industry from cheap overseas shipments, especially from China.
Wed, Aug 17, 2016
Steel demand in India will outpace the regional average while profitability of domestic steel companies will outperform regional peers on account of increase in domestic demand, Moody's said on Wednesday.
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