Steel

Executive director and chief financial officer Koushik Chatterjee noted during the interaction that the company remains in the comfort zone regarding the debt as well as key metrics such as the net-debt-to-EBITDA ratio

India seeks steel tariff relief from EU for auto duty cuts in FTA talks

Sources say New Delhi is seeking relief from the EU’s proposal to double duties on steel to 50% and tighten steel import quotas, while weighing tariff concessions on high-end European cars under the FTA

OPINION | The EU steel ‘action plan’ and its implications for India

As the EU prepares an ambitious Action Plan to rescue and decarbonise its steel industry, India must assess the global impacts, policy lessons, and cooperation opportunities arising from Europe’s evolving strategy

Core sector growth slows to 3% in September as energy output weakens

Steel, cement hold firm even as refinery and gas production contract

How Trump’s tariffs are affecting global steel demand

World Steel Association’s latest demand forecast points to limited long-term impact from the tariff war unleashed by the US on demand for the commodity

EU’s steel duties a new threat for Indian producers

The EU’s proposal to halve tariff-free import quotas and double duties to 50% on the rest may be meant to halt Chinese imports, but it could end up singeing Indian exporters too

India probing alleged dumping of steel from China, Indonesia, Vietnam

Indian Stainless Steel Development Association (ISSDA) has filed an application on behalf of domestic players for the same.

Atmanirbharta needed to navigate weaponisation of trade: Piyush Goyal

Speaking at the curtain raiser event for the 30th CII Partnership Summit, Andhra Pradesh Chief Minister N Chandrababu Naidu said Google will be building its biggest data centre after the US in Vishakhapatnam.

Chart of the Day: Steel sector at a crossroads

The future of India’s steel industry hinges on overcoming key challenges to maintain leadership in the global market

India may announce $125 a tonne anti-dumping duty on met coke imports in October

In April this year, government initiated an anti-dumping investigation into imports of the raw material from Australia, China, Colombia, Indonesia, Japan, and Russia, post allegations that these countries were selling at unfairly low prices.

India looks for relaxations in EU’s carbon border tax regulations

India is seeking some flexibility in the EU's Carbon Border Adjustment Mechanism (CBAM) which comes into effect from January 1 next year. Meanwhile, it is also mulling a domestic carbon tax to offset CBAM and retain revenue within the country.

Many wanted us dead but miracles kept us going: Naveen Jindal 

"Our objective has been to reduce debt. We want to bring debt down drastically. Going forward, our target is debt not more than 1.5 times our EBITDA. In fact, within the next few years, we want to be net debt positive. We don’t want to carry any debt," said jindal.

Despite import drop amid safeguard duty support, steel prices lower than last year

The data showed that while prices in April were largely flat year-on-year, prices declined in June and July, by around 5 percent each over the same period.

India expands key climate action body ahead of carbon market launch

The National Designated Authority (NDA) will help India access international climate finance and carbon markets. It is likely to also help position India better as it has proposed to host the United Nations climate summit (COP 33) in 2028.

JSPL, SAIL, Tata Steel shares shine after DGTR proposes three-year safeguard duty on key imports

The safeguard duty will kick in at 12 percent in the first year, followed by 11.5 percent in the second year, and 11 percent in the third year. DGTR said the decision is due to a surge in steel imports, especially from China, along with a steep fall in domestic industry profits.

Tata Steel is largely expected to be immune from US tariff threats to its Indian operations

The Tata group firm exports no steel from its Indian operations to the United States, and the company expects any secondary impact- from exporter-manufacturers using its steel, to be limited, MD and CEO TV Narendran told Moneycontrol

India's April-June finished steel imports fall nearly 30% as China, Japan shipments slow

The world's second-biggest crude steel producer imported 1.4 million metric tons of finished steel during April-June, down 28.8% from a year earlier, the data showed

Data Story | Is global steel output feeling the heat from US tariffs?

In June 2025, global steel output fell by 6.2 percent over a year ago and by 4.7 percent sequentially, with the largest steel producer China suffering a 9.2 percent decline

RIL, Adani, Tata, others look to partner NPCIL in nuclear energy push to lower emissions

The government has called bids for setting up Bharat Small Reactors to decarbonise high-emission industries such as steel and aluminium. It expects at least Rs 35,000 crore in investments from the private sector

Tata Steel begins construction of Electric Arc Furnace at UK plant, Chandrasekaran attends groundbreaking

The project, which has a total capital expenditure of GBP 1.25 billion, will result in the replacement of coal-fired blast furnaces to scrap-based electric arc furnaces.

Exporters push for India–Mexico trade deal to shield against Trump's steel, auto tariffs

This is based on expectations that India is unlikely to get an exemption from US President Donald Trump’s sectoral tariffs on steel and auto parts through the mini-trade deal, which is yet to be finalised.

US unlikely to grant India tariff relief on steel, autos in mini-deal

The first tranche of the Bilateral Trade Agreement (BTA), expected to be agreed upon by autumn, could look into these sectoral tariffs

A balanced India-US mini deal may hinge on last-minute breakthroughs

With less than a fortnight left for President Trump’s reciprocal tariffs to kick in, a team of Indian negotiators landed in the United States on June 26. While India is keen to clinch a mini deal before July 9, officials are getting increasingly wary of a rushed agreement that may lead to disproportionate gains for the US.

Data Story: As China’s steel output dips in May, are Indian producers in a sweet spot?

China’s steel output has fallen sharply in May while India’s safeguard duty has helped crimp imports

Incentives worth Rs 21,534 crore disbursed till March under PLI schemes for 12 sectors

The government has committed around Rs 1.97 lakh crore for various PLI schemes for a period of five years starting 2021-22 to help bring scale and size in key sectors.