9 Important Points on Steel Sector News & Its Impact

India imposes 12% safeguard duty on steel imports for 200 days to protect domestic manufacturers.

[{"selector":"#anim-819eb66f-88e4-40ca-a553-537399a64120 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Steel prices are rising in India, benefiting companies like SAIL, JSW Steel, and Tata Steel.

[{"selector":"#anim-298ceac5-8e46-4c78-9a49-965e69ef71d8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

SAIL and JSW Steel stocks surged after the duty announcement, attracting investor interest.

[{"selector":"#anim-d04f88f1-09f0-4525-a8f4-5308031f8cc4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Global steel markets remain volatile, with the UK steel industry struggling and China maintaining high output.

[{"selector":"#anim-774231a8-1cdd-4633-ae6a-2d3a0896aca2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Green steel investments grow, as companies adopt hydrogen-based production to meet ESG goals.

[{"selector":"#anim-4a24e64d-21ce-4b05-b592-673587677505 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

India’s ₹1.3 trillion infrastructure plan boosts domestic steel demand in railways, roads, and housing.

[{"selector":"#anim-b2f3b69b-2012-4ee4-8e9f-cb8f1dd3c1d9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(21.874999829338595%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

Tata Steel faces competition from global giants like POSCO and ArcelorMittal in expanding markets.

[{"selector":"#anim-d3d6130a-e5b6-4438-87f6-4dfde35cbc83 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

EV and renewable energy sectors drive demand for high-quality steel, benefiting JSW Steel's joint ventures.

[{"selector":"#anim-a9ecaeeb-a1bb-4cf0-83ef-2a2581bc5d5a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Export risks remain high due to trade wars and economic slowdowns, forcing diversification in markets.

[{"selector":"#anim-f5e23664-1a17-4043-86d4-b17384145956 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(9.013028267526034%, -1.4172250359978082%) scale(1.219298245614035)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Learn more