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India’s steel sector is entering a clear reset in 2026, driven by policy support, resilient domestic demand, and strategic investments. Producers are focusing on efficiency, capacity utilisation, and value-added products, while buyers navigate pricing and supply dynamics. Let’s dive into the key trends, challenges, and opportunities shaping India’s steel industry today.

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Shipping bill is a mandatory document to be submitted by all exporters before loading their goods onto the transport vehicle/vessel. This document provides clearance for export and helps the government keep track of the goods exported and the export duty collected with each international shipment.

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Faced with a surge of steel imports, particularly from China, India is set to impose a 15% safeguard duty to protect its domestic steel industry. This move aims to counter price undercutting, safeguard jobs, and ensure market stability. The duty, recommended by the DGTR, will apply to select steel products and is seen as a crucial step in maintaining India's strategic industrial capabilities amidst evolving global trade dynamics.

Last updated on: Apr 24, 2025

Direct Reduced Iron (DRI), also known as sponge iron, is a key raw material used in modern steelmaking, especially in Electric Arc Furnaces and Induction Furnaces. As the world’s largest producer of sponge iron, India plays a major role in the global DRI supply chain and the growth of the secondary steel sector. Read on to understand the DRI full form, its production process, types, advantages, and its role in India’s steel industry.

Last updated on: Mar 6, 2026

The new rule for GST registration in 2026 introduces biometric authentication, Aadhaar verification, revised timelines, and AI-assisted risk-based fraud detection. These changes aim to streamline the GST process and prevent fraud while ensuring faster verification for businesses. Learn how to comply with the latest GST registration updates.

Last updated on: May 13, 2026
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