Steel Imports
Finished steel imports jump nearly 50%, keeping India a net importer in Q1FY27
Robust domestic demand and export-driven pipe makers kept finished steel imports rising faster than exports in the June quarter, even as the government tightened trade measures to protect local producers.
2 min read12 Jul 2026Mint Explainer | Why India’s steel imports are rising even as pipe exports boom
A surge in pipeline investment in West Asia is lifting demand for Indian steel pipes—but also pushing manufacturers to import specialized steel inputs, creating an unusual trade loop.
3 min read22 Jun 2026India remains net importer of steel for second straight month in FY27
Shifting global trade routes from the Iran war drove a 62.5% surge in May imports, widening the trade deficit in finished steel even as domestic private sector production continued to grow.
2 min read10 Jun 2026UK tariff shield may revive Tata Steel’s UK business—but not before FY27
UK’s steep import curbs and tariffs could lift Tata Steel UK’s pricing power, but analysts say the company will miss FY26 break-even, with recovery now shifting to FY27.
3 min read23 Mar 2026Import squeeze, not demand boom, drives India’s steel export shift
India emerged as a net exporter of finished steel in April–December 2025 as safeguard duties and quality curbs sharply cut imports, even as exports rose amid weak domestic prices and surplus supply.
3 min read14 Jan 2026Domestic steel prices rise after safeguard duty
The increase in domestic price so far appears to be sustainable with more headroom for increase. However growth in domestic capacity and capacity utilization might restrict gains.
3 min read7 Jan 2026India may impose steel import tariffs amid growing anti-dumping threat on domestic producers: Report
Indian government is considering to impose an import tariff on some steel products in an effort to counter the move of cheaper imports being dumped in the Indian market, primarily exported from China.
2 min read25 Nov 2025India may ease imports of specialty steel to address supply gaps
The government plans to temporarily suspend strict quality-control rules for about 55 steel products for one to three years. So far, companies were allowed to import these items only from a small list of government-approved suppliers.
3 min read14 Nov 2025Tata Steel lifts profits, but UK pain lingers amid cheap imports
Tata Steel's financial performance improved due to increased production in India and cost-cutting measures, though UK operations remain weak. The company may fall short of its 40 mtpa capacity target by 2030.
5 min read13 Nov 2025India slaps anti-dumping duty on Vietnamese steel—but the hit may be soft
India’s new anti-dumping duty on Vietnamese hot-rolled coils aims to protect local producers, but importers are already bypassing tariffs through semi-finished steel shipments.
3 min read13 Nov 2025Wait for it…
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