Tata Steel new plant: .5-billion electric arc furnace facility to come up at Port Talbot; UK government gives 500 million pounds – Times of India

Tata Steel new plant: $1.5-billion electric arc furnace facility to come up at Port Talbot; UK government gives 500 million pounds – Times of India

Tata Steel will be beginning the construction of its state-of-the-art electric arc furnace (EAF) facility at Port Talbot, Wales, in July 2025, with production expected to commence by 2027. The company confirmed in its FY24-25 annual report that all key approvals for the $1.5 billion project are now in place.Backed by 500 million pounds in…

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Higher steel tariffs to dent exports as companies look at other markets – Times of India

Higher steel tariffs to dent exports as companies look at other markets – Times of India

Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for alternative markets.Several US importers have gone slow on fresh orders as costs went up significantly after the imposition of 25 per cent duty, although India was…

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Government mulls doubling safeguard duty on steel from 12% to 24% | India News – Times of India

Government mulls doubling safeguard duty on steel from 12% to 24% | India News – Times of India

Government mulls doubling safeguard duty on steel from 12% to 24% NEW DELHI: The government is evaluating the possibility of increasing the safeguard duty on steel to as much as 24%, from the current 12%, amid concerns that Chinese goods may enter the market and hurt Indian steelmakers.“We have received complaints of Chinese players trying…

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Trump का बड़ा फैसला! Steel और Aluminium पर 50% Import Duty लागू | Paisa Live

Trump का बड़ा फैसला! Steel और Aluminium पर 50% Import Duty लागू | Paisa Live

अमेरिकी राष्ट्रपति डोनाल्ड ट्रम्प ने steel और aluminum पर आयात शुल्क को 25% से बढ़ाकर 50% करने की घोषणा की है, जो 4 जून 2025 से प्रभावी होगी। यह कदम उन्होंने domestic industry की रक्षा के नाम पर उठाया है। 2024 में अमेरिका ने लगभग 2.8 करोड़ टन स्टील और 54 लाख टन एल्युमिनियम का…

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Donald Trump’s steel, aluminum tariff hike to hit  .56 billion worth of Indian exports: GTRI report – Times of India

Donald Trump’s steel, aluminum tariff hike to hit $4.56 billion worth of Indian exports: GTRI report – Times of India

The upcoming hike in US tariffs on steel and aluminium imports, announced by President Donald Trump, is set to impact Indian metal exports worth $4.56 billion, according to a new analysis by the Global Trade Research Initiative (GTRI).Beginning June 4, the higher duties are expected to raise product costs for Indian manufacturers and exporters in…

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Morning news wrap: Trump announces 50% tariff on steel imports; Colombia withdraws pro-Pakistan statement after Tharoor’s disappointment | India News – Times of India

Morning news wrap: Trump announces 50% tariff on steel imports; Colombia withdraws pro-Pakistan statement after Tharoor’s disappointment | India News – Times of India

Today’s news wrap includes updates on Donald Trump’s tariffs, foreign delegations India-Pakistan relations among others. Trump announced a steep hike in steel import tariffs—from 25% to 50%—aimed at safeguarding the American steel industry, while also reiterating his claim of averting a potential nuclear conflict between India and Pakistan during his tenure. Meanwhile, all-party delegation led…

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Trump Tariff: डोनाल्ड ट्रंप का बड़ा फैसला, अमेरिका में स्टील के आयात पर टैरिफ किया डबल

Trump Tariff: डोनाल्ड ट्रंप का बड़ा फैसला, अमेरिका में स्टील के आयात पर टैरिफ किया डबल

Trump Tariff: अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप ने विदेशी स्टील आयात पर टैरिफ 25% से बढ़ाकर 50% करने की घोषणा की है. उन्होंने यह कदम ऐसे समय पर उठाया है, जब अमेरिका और चीन के बीच महत्वपूर्ण खनिजों और टेक्नोलॉजी के ट्रेड में तनाव चरम पर है. ट्रंप ने शुक्रवार (30 मई) को पिट्सबर्ग में स्थित…

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