Mild Steel News Today

US hesitance to exempt India from new 50% steel and aluminum tariffs may delay a mini-trade deal before July 8.

India’s mini-trade deal with the US is stuck over steep steel and aluminium tariffs. With $4.56 billion in metal exports at stake, both countries race to finalise the Bilateral Trade Agreement before the July 9 deadline.

China's polypropylene (PP) net exports are projected to grow in 2025, following the first net export pattern in March 2024. This is due to increased PP production capacity and changes in global demand.

Green steel increasingly important as countries across the globe are focusing on reducing carbon footprints.

AM/NS India is humbled and proud to have contributed to these vital infrastructure projects by supplying world-class steel, powering India's journey forward.

Stocks to watch: Shares of firms like HDFC Bank, Suzlon Energy, Tata Steel, BEL, Ambuja, and others will be in focus on Monday's trade

HDFC Bank Share: Markets closed the week positively, buoyed by favorable domestic factors. HDFC Bank will pursue legal action against allegations from the LKMM Trust. Suzlon Energy's promoters are expected to sell a significant number of shares, while Tata Steel anticipates commencing its low-carbon project in the UK by 2025.

JSW Steel's May 2025 crude steel output rose 8% to 2.273 million mt, with India's output up 9% to 2.194 million mt. JSW Steel USA output fell 7% to 79,000 mt.

EU steel exports rose 4% in the first two months of 2025, with finished steel up 2%. India saw a remarkable 92% increase in finished steel imports from the EU.

China's May steel exports rose 1.1% monthly and 9.8% yearly to 10.578 million tons. January-May exports totaled 48.469 million tons, up 8.9% yearly.