Synopsis:India's Ministry of Steel currently resists increasing taxes on imported steel despite escalating imports, primarily from China. Leading domestic steel
Synopsis:India's Ministry of Steel plans to exempt select steel grades, like aerospace and high-speed tool steel, from the mandatory Quality Control Order. This
Find out why the share of direct-reduced iron (DRI) being used by Indian induction furnaces and foundries has grown over the last month, despite efforts by a strong scrap lobby to use more of the secondary raw material to reduce carbon emissions in the country
The National Board of Revenue (NBR) has no definite guideline on grading steel, prompting duty evasion through underinvoicing and adoption of other unfair means by dishonest importers, depriving the government of hundreds of crores of taka in revenue each year.