Indian Steel Association

ISA seeks export tax on low-grade iron ore, pellets to curb local shortages

India currently does not tax exports of low-grade iron ore, but levies a 30 per cent export duty on high-grade iron ore

Indian steelmakers seek to soften proposed import curbs on key ingredients

The Indian Steel Association said in a letter, dated Aug 1, to the country's federal trade ministry that the proposed metallurgical coke import quota could hit the ramp-up of blast furnaces

Indian steel mills fear surge in Chinese imports after US imposes tariffs

India is already under grave threat of import because all major steel consuming economies are shutting their doors on these steel producing countries, said Alok Sahay, secretary general at ISA

Naveen Jindal takes charge as president of the Indian Steel Association

Naveen Jindal has been unanimously elected as the president of ISA by the apex committee, the governing body of Indian Steel Association

Naveen Jindal takes charge as Steel Association prez with immediate effect

Naveen Jindal, Chairman of Jindal Steel and Power on Thursday assumed the charge as the President of Indian Steel Association with immediate effect. In a statement, the Indian Steel Association (ISA) said that Naveen Jindal assumed the role of President, succeeding Dilip Oommen, Chief Executive Officer (CEO) of AMNS India, effective March 21. Naveen Jindal, Chairman, Jindal Steel and Power (JSP) has been unanimously elected as the President of the ISA by the Apex Committee, the governing body of ISA, according to the statement. Steel industry along with its upstream and downstream manufacturing value chains will have to grow in tandem for India to realise its development goals. The industry is committed to decarbonise and reduce its carbon footprints to meet its target in line with the Prime Minister's commitments to the world, Jindal said. ISA is the apex body of the domestic steel industry and works collectively to highlight the issues of the sector.

India to remain export mkt for coking coal; rising prices a concern: ISA

India will continue to remain the largest coking coal export destination in the near future, industry body ISA said noting that the rise in prices is affecting the domestic steel industry the most. Coking coal is a key raw material that is used to manufacture steel through the blast furnace route. The Indian steel industry is finding ways and means to explore sustainable pathways for coking coal usage by way of using various technologies. However, it is a long journey, Indian Steel Association (ISA) President Dilip Oommen said on Monday. "India in the near future will remain the largest coking coal export destination, one due to a significant increase in domestic steel demand and the other as China will depend more on its own resources," he said, addressing the ISA Coking Coal Summit in the national capital. Indian steel players have already planned new capacities in the BF-BOF route, Oommen said, adding that in India, BF-BoF (blast furnace) accounts for 46 per cent of the producti

Domestic steel demand to grow 7.5% in FY24: Indian Steel Association

The ISA said that with strong momentum in infra spending and sustained growth in urban consumption, steel demand in India would expand by 8-9 mt every year in the next two financial years

Indian Steel Association, AISC ink MoU to unlock new avenues in sector

"MoU aims to leverage the strengths, expertise, and resources of both organizations to unlock new avenues for growth, innovation, and sustainability in the steel industry," a statement from ISA said

Steel industry body seeks govt intervention to check coking coal price

Industry body ISA has sought the government's immediate intervention to check coking coal price, which has grown three-fold to around $450 a tonne

Export levy will slow down India's $5 trn economy journey: ISA President

Dilip Oomen says the levy comes at a time when the world views India as a stable policy country, a manufacturing and export hub that is closely integrating with global value chains

Steel Association writes to Sitharaman, seeks withdrawal of export duty

Industry should be allowed to fulfill the orders without export duties, say companies.

3 entities of Tata Group re-enter the Indian Steel Association fold

Bhushan Power & Steel, which was recently taken over by JSW Steel, has also re-entered the ISA fold

Tata Steel leaves Indian Steel Association; Narendran quits president post

An ISA President is elected for a period of two years

Steel demand to contract 7.7% in 2020 over coronavirus crisis: ISA

This is in sharp contrast to the earlier projection of 5.1 per cent growth made just a couple of months back, in February.

Steelmakers fear iron ore supply disruption once leases expire next March

Industry says transition from existing to new lessee is not going to be as easy as anticipated

Indian Steel Association moves Supreme Court

The bench of Justice A K Sikri and Justice C Nagappan heard the petitioners and listed the matter for further hearing