India imposes 5-yr anti-dumping duty on Chinese Steel

12 Sep 2023 CW Team

India has announced the imposition of a five-year anti-dumping duty on certain Chinese steel products, as per a government notification.

Earlier, on September 4, the Secretary of India's Ministry of Steel, Nagendra Nath Sinha, had stated that New Delhi was closely monitoring the influx of steel imports due to concerns raised by the domestic steel industry regarding potential dumping practices by Chinese steel manufacturers.

From April to July, China emerged as the second-largest steel exporter to India, trailing only behind South Korea. During this period, China exported 0.6 million metric tons of steel to India, marking a significant 62% increase compared to the same period in the previous year.

In total, India imported 2 million metric tons of finished steel during this time frame, representing the highest import volume since 2020 and a notable 23% surge compared to the corresponding period in the preceding year.

Real Estate

15 Jan 2026

Six Flags Qiddiya City Opens as Saudi Arabia’s First Six Flags Park

AtkinsRéalis, in partnership with Qiddiya Investment Company, has delivered Six Flags Qiddiya City, marking the opening of Saudi Arabia’s first Six Flags theme park and the first Six Flags destination built entirely outside North America. The park is the first of 70 major assets planned within Qiddiya City and represents a key milestone in the Kingdom’s Vision 2030 strategy to develop globally competitive leisure and tourism destinations.The opening ceremony, held under the patronage of HRH Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Province, marks the first major attracti..

German Chancellor Visits Bosch India Campus in Bengaluru

Strengthening the long-standing partnership between India and Germany, Friedrich Merz, Federal Chancellor of the Federal Republic of Germany, recently visited the Bosch campus at Adugodi, Bengaluru, during his India trip. The delegation was hosted by Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director, Bosch Limited, who showcased key innovations developed in the region.During the visit, the delegation experienced Bosch’s H2ICE demonstrator truck featuring a fully integrated powertrain and telematics system. Bosch India, in collaboration with Bosch Germany, is ad..

ICC, Maharashtra Sign MoU to Boost Industry Engagement

The Indian Chamber of Commerce (ICC) and the Government of Maharashtra recently signed a Memorandum of Understanding (MoU) to enhance cooperation and deepen engagement between Indian businesses and the State, with a focus on investment facilitation, ease of doing business and sustained industry–government dialogue.The MoU was signed by Dr P Anbalagan, IAS, Principal Secretary (Industry, Investment and Services), Government of Maharashtra, and Dr Rajeev Singh, Director General, ICC, in the presence of leading business representatives.Speaking on the occasion, Dr Anbalagan said the partnership..