Tag Archives: steel sector


Safeguard duty to the rescue of the steel sector

Safeguard duty to the rescue of the steel sector

The proposed 20 per cent safeguard duty on imported steel to be a welcome relief for the steel sector, which is struggling due to cheap imports from China and countries with which India has free trade agreements, says India Ratings and Research (Ind-Ra). The safeguard duty on hot-rolled coils (HRC) would benefit the integrated steel

Copy of Sponge Kiln

‘Our target is 1 mln tonne steel production by 2025’

Steel Exchange India Limited (SEIL) is one of the largest steel manufacturers in the private sector in Andhra Pradesh. The promoters were originally into trading of steel & steel related products under the banner of Vizag Profiles. As demand for steel started growing from 2000 onwards, the promoters gradually ventured into steel manufacturing as a