New Delhi: Steelmaker ArcelorMittal Nippon Steel (AMNS) India has raised concerns over the negative impact of the US reciprocal tariff on domestic steel, joining the chorus of Indian steelmakers seeking additional duty protection from the government to prevent excessive dumping of steel in India. “The domestic steel industry needs protection as the Indian market does…
New Delhi: ArcelorMittal Nippon Steel India on Sunday said it is set to commission two production lines at its Gujarat-based facility this year to produce advanced automotive steel products. The company, a joint venture between ArcelorMittal and Nippon Steel, said that once operational, the production of the two units will substitute imports of high-end steel…
Although Indian officials are pushing for a similar negotiating arrangement with the UK, the British have not yet agreed to this request, the people cited above said. Negotiations on the Carbon Border Adjustment Mechanism (CBAM)—which proposes taxing imports of carbon-intensive products such as iron and steel, cement, aluminium and fertilizer—were earlier kept out of the…
