Steel Prices

Industry

Steel prices hiked for the second time in two weeks as import curbs take effect

Domestic steelmakers raised prices twice in January after India imposed a safeguard duty, as construction demand revived, inventories stayed lean and mills sought to recover margins.

3 min read18 Jan 2026
Industry

Import 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 2026
Companies

India probe finds Tata Steel, JSW Steel, SAIL breached antitrust law, regulatory order shows

India probe finds Tata Steel, JSW Steel, SAIL breached antitrust law, regulatory order shows

3 min read6 Jan 2026
Economy

India extends provisional anti-dumping duty on low-ash metallurgical coke imports from six countries till 30 June

The move came after an investigation found that imports dumped from Australia, China, Colombia, Indonesia, Japan and Russia were causing material injury to the domestic industry.

3 min read31 Dec 2025
Markets

Jindal Steel’s capacity push is in place. Volume growth needs to follow now

Jindal Steel is betting big on its new facilities. If volumes ramp up as planned and costs reset as expected, the steel major's earnings profile could transform by FY28.

2 min read26 Dec 2025
Markets

Morgan Stanley initiates tactical call on JSW Steel; sees an over 80% chance of outperforming broader markets

Morgan Stanley predicts JSW Steel's shares may outperform the market in the next 60 days, initiating an ‘overweight’ rating with a target of ₹1,300. They foresee an 18% upside, supported by domestic demand and favorable global conditions.

2 min read9 Sep 2025
Companies

Tata Steel Q1 preview: All eyes on UK business turnaround, cost cuts, and margin expansions

Tata Steel's performance over the next 18 months will determine whether it can turn its UK operations profitable by September 2026.

4 min read29 Jul 2025
Markets

India’s steel safeguard duty offers a short-term fix—but will it be enough?

India has slapped a 12% safeguard duty on cheap flat steel imports from China and Vietnam. While this may lift domestic prices in the short term, analysts warn that free trade pacts and global oversupply could blunt its long-term impact.

4 min read24 Apr 2025
Industry

Steel prices climb as ‘safeguard’ duty looms, user industries warn of cost inflation

Industries that use steel as an input have opposed such a duty, arguing that their raw material bills will become steeper.

3 min read18 Mar 2025
Industry

Cheap steel brought relief for automakers. But the bonanza may not last

If India imposes a safeguard duty to protect domestic industry, costs will rise for all steel-consuming industries. Hence, automakers cannot bank on lower steel prices to support margins forever.

4 min read20 Feb 2025