India Steps In to Protect Its Steel Backbone India’s Ministry of Commerce and Industry has launched a major anti-dumping investigation into stainless steel imports from China, Indonesia, and Vietnam, following complaints from domestic producers about unfair pricing. This probe — initiated by the Directorate General of Trade Remedies (DGTR) — marks a critical moment for … Read more
A Looming Crisis for the UK Steel Sector The European Union’s proposed 50% tariff hike on steel imports has sent shockwaves through the UK steel industry. Trade bodies and manufacturers warn that this could be the “biggest ever crisis” for a sector already struggling with energy costs, reduced demand, and global overcapacity. The move could … Read more
European steelmakers have again called on the EU to take immediate action to support the industry amid rising energy costs, increasing imports, and strict carbon regulations. With steel demand fluctuating and global competition intensifying, the EU’s steel sector faces challenges that threaten jobs, exports, and the continent’s industrial base. Introduction: Why the EU Steel Industry … Read more
India has emerged as the second-largest steel producer in the world, with production surpassing 135 million tonnes in FY25. The growth has been driven by resource-rich states, government policies, and demand from infrastructure, automobiles, and construction. This article explores the Top 10 Steel Producing States in India 2025, their output, key companies, and their role … Read more
Egypt has launched a new incentive program to support its steel industry, offering tax breaks, financial aid, and export support. The initiative aims to strengthen Egypt’s position as a regional steel hub, improve competitiveness, and enhance employment opportunities. With global steel demand expected to grow at 3–4% CAGR and regional construction projects expanding, the Egyptian … Read more
Iron ore dips on weak steel demand and rising China port inventories, putting additional pressure on the global steel industry. This trend has raised concerns among steel producers, especially as China—the world’s largest consumer of iron ore—struggles with sluggish construction demand and oversupply. The Chart of the Day underscores how the steel sector is at … Read more
Visa Steel Ltd faces significant selling pressure with a 3.65% decline amid ongoing losses, reflecting weak investor sentiment and continued financial struggles. The steelmaker has been reporting consecutive quarterly losses due to high debt, weak demand, and volatile raw material prices. The fall underscores broader challenges in India’s secondary steel sector, where smaller players face … Read more
Interarch Building Solutions has commenced construction of a ₹100-crore steel plant in Andhra Pradesh, reinforcing its commitment to India’s growing demand for pre-engineered steel buildings (PEBs). The project will expand the company’s manufacturing capacity, create new jobs, and contribute to regional economic development. The move comes amid India’s surge in infrastructure investments, urban development, and … Read more
Tata Steel, JSW Steel, and SAIL are in focus as Indian steel manufacturers raise prices for August 2025, citing higher input costs, demand recovery, and global market dynamics. The move comes at a time when the construction and automotive sectors are showing signs of renewed growth, while raw material prices like coking coal and iron … Read more
The global stainless steel pipes and tubes market is projected to surpass USD 48.81 billion by 2030, growing at a CAGR of 4.53% between 2025 and 2030. The growth is fueled by rising demand in the oil & gas, chemical, construction, and power generation sectors, along with increasing investments in infrastructure and renewable energy. Despite … Read more