Stainless Steel Makers Seek Anti-Dumping Duty on Imports

12 Aug 2025 CW Team

The Indian stainless steel industry has petitioned the Directorate General of Trade Remedies (DGTR) to impose anti-dumping duties on low-cost imports that are challenging domestic producers, Jindal Stainless Managing Director Abhyuday Jindal has said.

The Indian Stainless Steel Development Association (ISSDA), representing the sector, has filed the application to investigate alleged dumping of stainless steel products from a group of countries into the Indian market. The DGTR, part of the Ministry of Commerce, is responsible for administering trade remedial measures such as anti-dumping, countervailing duties, and safeguard actions.

Jindal said the application was submitted at the end of June, adding that DGTR typically takes two to three months to commence an investigation.

When asked if such duties were urgent given global trade uncertainties and recent US tariff actions, Jindal replied, “Definitely. For a long time, we have been facing substandard dumped material from countries like China, Vietnam, and Indonesia. Given current global trade uncertainties, it is essential to protect our borders and support homegrown companies. The urgency is also because India is the market where growth is happening.”

India’s stainless steel imports reached 1.73 million tonnes in FY25, with China, Indonesia, Vietnam, and South Korea accounting for the bulk of shipments, according to market research firm BigMint.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..