Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
India is pushing for fairer trade terms for its steel and aluminium exports in ongoing negotiations with the United States and the European Union, according to the Engineering Export Promotion Council of India (EEPC India).
The council urged the government to address high import tariffs imposed by the US under Section 232, which currently reach up to 50% on certain metal products. EEPC noted that such duties have made Indian exports less competitive and called for targeted policy support to help small and medium-sized manufacturers.
In discussions with the European Union, India is also seeking relief from restrictive tariff-rate quotas that could further limit access for Indian steel and aluminium goods. EEPC has requested that stainless-steel long products and MSME-led categories be exempted or offered gradual tariff reductions over five years.
The move aligns with India’s broader trade strategy to improve global market access, promote value-added metal exports, and ensure a level playing field for domestic producers amid evolving trade barriers and carbon regulations like the EU’s CBAM.
Also Read : Tata Steel Shares in Focus as Company Plans 50% Capacity Expansion in India Govt focus on capital expenditures enhanced highway construction pace
JSW Steel has commissioned a hot strip mill at its integrated steel plant in Vijayanagar, Karnataka....
Ferrous 01-Apr-2024
In December, imports of line pipes in the United States increased by a significant 80.6 per cent, ac...
USA 09-Feb-2024
Udinese, an Italian soccer club, has installed solar panels on the roof of their stadium. This green...
Europe 22-Feb-2024
The recent U.S. tariff hike on steel imports is expected to have minimal impact on Indian steel comp...
Business 20-Feb-2025
Iron ore futures were headed for a significant weekly loss amid persistent worries about demand in t...
Ferrous 23-Feb-2024
Supreme Court to Rehear Bhushan Power Liquidation Case After Pleas from JSW and Lenders ...
Announcement 22-Jul-2025