India-EFTA FTA to come into effect on October 1

The India-EFTA (European Free Trade Association) free trade agreement (FTA) will come into effect from October 1, 2025, India’s commerce minister, Piyush Goyal, said in a statement on Monday, July 21. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. Minister Goyal said that the two sides had signed a Trade and Economic Partnership Agreement (TEPA) on March 10 last year. He said that all four... Read More

Short Range Outlook : December 2021

Demand slows in global longs market, higher costs to reduce price erosion Demand is slowing down in the global long steel products market as we have entered the slow season in the northern hemisphere and the holidays are approaching. Market activity may remain slow until the Chinese New Year holidays and so we may see further price erosion in the coming weeks. However, such erosion should be limited due to higher costs of production. There is an energy... Read More