Category: Steel Blog
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ArcelorMittal Warns of Trade Uncertainty Despite Steel Price Recovery
ArcelorMittal SA, the world’s largest steelmaker outside China, has signalled cautious optimism in its recent quarterly update. While government support for domestic steel industries in the US and Europe is driving a short-term rebound in steel prices, the company warns that global trade uncertainty continues to threaten market stability and demand. 🔍 Steel Prices Recover…
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Impact of the Safeguard Duty on Steel Customers in India (2025)
The Government of India’s decision to impose a 12% safeguard duty on steel imports is expected to create a ripple effect across various user industries. While the move is aimed at supporting domestic steel producers, it also brings notable challenges for steel customers, particularly those in manufacturing, construction, and export-driven sectors. 1. Higher Costs for…
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India Imposes 12% Safeguard Duty on Steel Imports🚨
In a significant move to protect the domestic steel industry, the Government of India, on Monday, April 21, 2025, officially imposed a 12% provisional safeguard duty on the import of five key categories of steel products. This duty, effective for a period of 200 days, is intended to address the sharp surge in steel imports…
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Impact of US-China War on Indian Steel Prices📈
In April 2025, the Trump administration imposed up to 145% tariffs on a range of Chinese goods, including steel-related items. This move reignited global trade tensions and forced China to look for alternative export markets. India, with its vast infrastructure demand and open steel markets, became one such destination — leading to a significant ripple…
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Understanding Steel Safeguard Duty: A Complete Guide for 2025
The Directorate General of Trade Remedies (DGTR) recommended a provisional safeguard duty on certain steel products on March 18, 2025, with a 12% ad valorem rate for 200 days. This recommendation was made in a notification issued by the DGTR, citing critical circumstances where delays in applying the duty would cause irreparable damage. The Finance Ministry will…
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SS410 vs SS316: Which Stainless Steel Flat Bar is Better?
In this blog, we’ll explore the difference between SS 316 and SS 410 flat bar, compare their corrosion resistance, strength, and applications, and provide you with the insights you need to select the best stainless steel for your project. What Are Stainless Steel Flat Bar? Stainless steel flat bars are rectangular metal bars known for…
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What are Steel Beams: Types, Uses and Complete Guidance
Steel beams are essential in construction, providing strength and structural integrity to buildings, bridges, and other infrastructure projects. As a leading steel supplier in Raipur CG, Banke Tradecom Services Pvt Ltd offers a range of high-quality steel beams to meet diverse construction needs. In this blog, we will discuss the beam meaning, beam types, steel…
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What Is The Difference Between U Head & Base Jack?
Among Scaffolding key components, U Head & Base Jack are vital for load-bearing and height adjustments. But what exactly sets them apart? Let’s explore their differences and classifications. 1. What is a U Head in Scaffolding? A U Head (U Head Jack) is a top support component used in scaffolding systems to hold beams and…
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Ultimate Guide to Scaffolding: Types, Uses, and Safety Alternatives
Introduction Whether it’s for construction, maintenance, or inspections, scaffolding remains an essential component in modern infrastructure projects. As a leading steel supplier in Raipur CG, Banke Tradecom Services Pvt Ltd offers high-quality steel products essential for scaffolding, ensuring durability and safety in construction projects. This blog explores scaffolding’s significance, benefits, risks, and the rise of…
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GI Wire Rod vs. MS Wire Rod: Which is Right for Your Project?
When planning a construction or manufacturing project, the choice of wire rod— GI Wire Rod vs. MS Wire Rod can significantly impact the performance and lifespan of the final product. In this blog, we’ll explore the features, GI Wire Rod vs. MS Wire Rod differences, and applications of GI wire rods and MS wire rods…