Latest news with #AM
Scottish Sun
4 days ago
- Entertainment
- Scottish Sun
The 1% Club baffles players with difficult arrows question – but could you get it in 30 seconds?
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) CONTESTANTS on The 1% Club have been left bemused by an arrow-inspired visual brain teaser. The ITV quiz saw players perplexed by the confusing arrow-heavy question - but could you get it right? Sign up for the Entertainment newsletter Sign up 6 Lee Mack managed to scramble people's brains with the 45% question 6 Contestants were left stumped by the tricky brain teaser Credit: ITV Yet again, the challenging 45% question proved too difficult for some contestants. Host Lee Mack asked the players: "If you turn this image 90 degrees clockwise, how many arrows are pointing to the right?" "This is like when my nan used to do a three-point turn," Lee joked. With just 30 seconds to work out the correct answer, two people were lost after getting it wrong. After the brain-basher, 18 people were still left in the game with the jackpot at £87,000. But can you work out how many arrows there should be? Lee confirmed the answer: "As it's a 90 degree clockwise turn, you needed to find the arrows that were pointing up that would then be turning to the right." The Not Going Out actor revealed: "The answer is 2." The ITV game show is a TV quiz favourite that doesn't rely on general knowledge, but instead tests players' logic and common sense. Round by round, the puzzles get increasingly difficult as more people are eliminated. The 1% Club players struggle on very tough letters question - can you outsmart them? It's not the first time players have struggled to get their heads round a question - and it certainly won't be the last. The popular show recently saw 16 celebs wiped out with an easy anagram question. The Soccer Aid special of the ITV game show tested 100 celebrities and athletes on their logic and common sense. The star-studded lineup included Jill Scott, Iain Stirling, Paddy McGuinness, Tommy Fury, Tony Bellew, Chris Hughes and many more. They all hoped to reach the end and win up to £100,000 prize money for the UNICEF charity. But by the 1% question there were just two contenders remaining. Hats off to former footballer Clarke Carlisle - who played for QPR, Watford and Leeds - and comedian and ex-Soccer AM host, Lloyd Griffith. Could you tackle their teaser in just half a minute? The 1% Club airs on ITV1 and ITVX. 6 The 1% Club baffled players with the difficult arrows question Credit: ITV 6 Frustrated contestants were wiped out at the 45% teaser 6 The not-so-simple answer to the arrows question was just two
Scottish Sun
14-06-2025
- Entertainment
- Scottish Sun
The 1% Club knocks out a whopping 16 celebs with easy anagram question – could you work out the answer?
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) CELEBS were left red-faced on The 1% Club after a simple anagram question wiped out a staggering 16 players. Lee Mack hosted a Soccer Aid special of the ITV game show testing 100 celebrities and athletes on their logic and common sense. Sign up for the Entertainment newsletter Sign up 6 The wordy question wiped out 16 players in one round Credit: ITV 6 Lee Mack was gutted to see his Soccer Aid pal knocked out Credit: ITV 6 Emmet J Scanlan was one of the celebs to be eliminated Credit: ITV The star-studded lineup including Jill Scott, Iain Stirling, Paddy McGuinness, Tommy Fury, Tony Bellew, Chris Hughes and many more. They hoped to reach the end and win up to £100,000 prize money for the UNICEF charity. However, the 70% question saw an incredible 16 people eliminated in one fatal swoop. Presenter Lee asked: Which of these is an anagram of LIONEL MESSI? The players were then shown three possible answers: A) LONE MISSILE, B) LION IN SLIME and C) NO SMILES LEE. Once the time limit was up, Lee revealed 16 people had answered incorrectly and were therefore out. The right answer turned out to be A) LONE MISSILE. Lee was devastated to learn his Soccer Aid pal Emmet J Scanlan and one of his footballing heroes Stuart Pearce were knocked out by the brain buster. By the 1% question there were just two contenders remaining. These were former footballer Clarke Carlisle - who played for QPR, Watford and Leeds - and comedian and ex-Soccer AM host, Lloyd Griffith. The 1% Club viewers in awe as 'genius' footballer wins £100k for charity - but would you have got final question right? Having reached the final question, Clarke and Lloyd had already won £10,000 for Unicef - and as the footballer also still had his pass intact another £1,000 was added to the guaranteed amount. Unlike the regular show, the £11,000 was not in jeopardy and was guaranteed whatever happened. But now it was their chance to secure the HUGE jackpot for the Soccer Aid charity. Lee asked the pair: "In the opening verse to the original version of Three Lions, what TWO words feature exactly three times in the lyrics?" The lyrics were shown on screen as a reference as they tried to figure out the answer in 30 seconds. Here's what they were show: Everyone seems to know the score, they've seen it all before They just know, they're so sure That England's gonna throw it away, gonna blow it away But I know they can play, 'cause I remember... So did you spot the repetitive words in just 30 seconds? When it came time to answer, Lloyd, 41, admitted he'd misread the question. Meanwhile, Clarke, 45, offered up "it" and "know" as his answer to the puzzle. It was soon revealed that Clarke was correct - and had bagged a whopping £100,000 for Unicef. Fans took to X and sang the star's praises, with one penning: "Clarke Carlisle you Brainiac!! Well done!" Another shared: "Absolutely delighted for Clarke! Always had a brilliant brain - but came close to losing him!" A third added: "Clarke Carlisle is a genius!!" 6 It saw Clarke Carlisle and Lloyd Griffith reach the final round Credit: ITV 6 Can you crack the pair's tricky 1% question? Credit: ITV
Business Wire
11-06-2025
- Automotive
- Business Wire
Stratasys Launches North American Tooling Center of Excellence with Automation Intelligence, LLC to Deliver Real-World Additive Manufacturing Value
EDEN PRAIRIE, Minn., REHOVOT, Israel & FLINT, Mich.--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS) today announced the launch of the North American Stratasys Tooling Center (NASTC), a new collaboration with Automation Intelligence, LLC (AI), at AI's manufacturing site in Flint, Michigan. This dedicated tooling hub is designed to assist manufacturers validate and scale practical applications for additive manufacturing in production environments. The NASTC operates both the Stratasys F3300® and F900® 3D printers, providing hands-on access to engineering resources, and create applications focused on critical tooling solutions such as jigs, fixtures, end-of-arm tooling, and North American Automotive Metric Standards (NAAMS) blocks. Automotive and industrial customers can now explore how additive can streamline operations, reduce cost, and respond faster to manufacturing challenges. 'This Center of Excellence will have a significant impact for manufacturers showing how additive fits into their production environment,' said Fadi Abro, Director of Global Automotive & Mobility at Stratasys. 'With the launch of the NASTC, we are addressing real-world challenges at this new center. This incubator for advanced manufacturing is designed to enable teams to iterate, validate and scale tooling applications - rapidly. It sets the stage for designing solutions to meet the growing demand for localized, on-demand production solutions worldwide.' Tooling often determines how quickly and cost-effectively products get to market. The NASTC will give manufacturers validated proof that additive polymer tooling is both viable and an ideal choice for production. With manufacturers and suppliers under constant pressure to become more efficient, the NASTC is structured to deliver speed, flexibility, and confidence, combining additive manufacturing technologies with traditional capabilities. Key capabilities include: Demonstrations of how AM works within a manufacturing ecosystem using the Stratasys F3300 and F900 printers Additive tooling applications, including jigs, fixtures, end-of-arm tooling, and NAAMS components Evaluate use cases with Automation Intelligence Support for customer tours, validation work, and application-focused events A curated display of sample parts to spark new ideas and projects 'Tooling is the heartbeat of manufacturing,' said Jeff McGarry, Managing Partner at Automation Intelligence. 'The NASTC offers an environment where manufacturers can see for themselves how additive tools can address today's challenges with faster turnaround times, digital flexibility, and lower costs. We believe this partnership will demonstrate the positive impact additive can have across production.' Automation Intelligence helps manufacturers accelerate their adoption of advanced technologies. Currently working with several large manufacturers, AI helps bring focus on practical implementation, and production experience to customers navigating digital transformation. Additionally, the NASTC will also serve as a blueprint for similar tooling hubs worldwide. About Stratasys Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world's leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care. To learn more about Stratasys, visit the Stratasys blog, X/Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including Stratasys' websites, to share material, non-public information pursuant to the SEC's Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings.
The Advertiser
08-06-2025
- Entertainment
- The Advertiser
'Doing extraordinary things': 2025 King's Birthday Honours list revealed
Hundreds of Australians have been recognised in this year's King's Birthday Honours for their extraordinary work within their communities, from leading the nation through a pandemic to those who quietly pull up their sleeves to help. Governor-General Sam Mostyn announced honours and awards for 830 Australians on Sunday, June 8, including awards in the Order of Australia (General and Military Divisions), meritorious awards and recognition for distinguished and conspicuous service. "I am delighted to congratulate all those recognised in The King's Birthday 2025 Honours List," the Governor-General said. "These honours recognise the selfless service, integrity, achievement, creativity, and care that flourish across our country." "To all who are being recognised in The King's Birthday 2025 Honours List, I want to offer my congratulations and gratitude for all that you have given to Australia." 14 people were appointed companions of the Order of Australia, the highest honour, including: Former prime minister Scott Morrison for leading Australia during COVID-19 and his work on the AUKUS agreement; READ MORE: Scott Morrison lauded with highest King's Birthday honour Director, producer and writer Baz Luhrmann alongside his long-time collaborator and wife, production designer and producer Catherine Martin; Former CSIRO and Reserve Bank chair Kathryn Fagg, former Business Council of Australia chief executive Professor Jennifer Anne Westacott and businesswoman and former University of Canberra chancellor Wendy McCarthy; High Court Justice, The Honourable Justice Simon Harry Steward and Former Federal Court of Australia and Supreme Court of Victoria judge, The Honourable Mark Samuel Weinberg; Former ABC broadcaster Phillip Adams, who retired in 2024 after hosting his radio show Late Night Live for 33 years; and Nobel laureate in Literature Dr John Maxwell Coetzee, Professor Ian Hoegh-Guldberg, Professor Stuart Mark Howden, Distinguished Professor Graeme Leslie Stephens and Emeritus Professor Roger Byard. Among others recognised at other levels were former Socceroo Jimmy Rooney (OAM), former swimmer and AFLW CEO Nicole Livingstone (AO), WIN Corporation owner Mr Bruce Gordon (AO), former AFL footballer and businessman James Demetriou (AM) and former ABC journalist the late Matt Peacock (AM). Also recognised were television presenter and magazine editor Deborah Hutton (OAM), former Australian rugby union player Shirley Russell (AM), former Vogue Australia editor-in-chief Kirstie Clements (OAM), weightlifter Tia-Clair Toomey (AM), jeweller and goldsmith Robert Baines (OAM), fantasy writer Garth Nix (OAM), and choreographer and performer Dr Elizabeth Dalman (AM). The Governor-General said the honours "rely on others taking the time to nominate". "Thank you for your thoughtfulness and the consideration of the work that goes on all around us and should deserve recognition." Of the 581 awards in the General Division, there are 378 male and 200 female recipients, with one recipient preferring not to provide this information. This is a change from the 2024 King's Birthday Honours, which had gender parity with 246 of both male and female recipients. In 2023, there were more women than men honoured for the first time. The youngest recipient for 2025 is 19-year-old Scott Guerini for his charitable work in raising funds for Telethon since the age of four. The eldest living recipient is 101-year-old Henry Young for his service to veterans and tennis. In addition to the 581 recipients of awards in the General Division of the Order of Australia (14 AC, 31 AO, 123 AM and 413 OAM), today's Honours list includes: Recipients announced will be invested with their awards by the Governor-General at Government House in Canberra, or by the State Governors or Administrator of the Northern Territory in the coming months. "I look forward to meeting many of you at the investiture of your awards," the Governor-General said. Anyone can nominate any Australian within the general division on the Governor-General's website. Hundreds of Australians have been recognised in this year's King's Birthday Honours for their extraordinary work within their communities, from leading the nation through a pandemic to those who quietly pull up their sleeves to help. Governor-General Sam Mostyn announced honours and awards for 830 Australians on Sunday, June 8, including awards in the Order of Australia (General and Military Divisions), meritorious awards and recognition for distinguished and conspicuous service. "I am delighted to congratulate all those recognised in The King's Birthday 2025 Honours List," the Governor-General said. "These honours recognise the selfless service, integrity, achievement, creativity, and care that flourish across our country." "To all who are being recognised in The King's Birthday 2025 Honours List, I want to offer my congratulations and gratitude for all that you have given to Australia." 14 people were appointed companions of the Order of Australia, the highest honour, including: Former prime minister Scott Morrison for leading Australia during COVID-19 and his work on the AUKUS agreement; READ MORE: Scott Morrison lauded with highest King's Birthday honour Director, producer and writer Baz Luhrmann alongside his long-time collaborator and wife, production designer and producer Catherine Martin; Former CSIRO and Reserve Bank chair Kathryn Fagg, former Business Council of Australia chief executive Professor Jennifer Anne Westacott and businesswoman and former University of Canberra chancellor Wendy McCarthy; High Court Justice, The Honourable Justice Simon Harry Steward and Former Federal Court of Australia and Supreme Court of Victoria judge, The Honourable Mark Samuel Weinberg; Former ABC broadcaster Phillip Adams, who retired in 2024 after hosting his radio show Late Night Live for 33 years; and Nobel laureate in Literature Dr John Maxwell Coetzee, Professor Ian Hoegh-Guldberg, Professor Stuart Mark Howden, Distinguished Professor Graeme Leslie Stephens and Emeritus Professor Roger Byard. Among others recognised at other levels were former Socceroo Jimmy Rooney (OAM), former swimmer and AFLW CEO Nicole Livingstone (AO), WIN Corporation owner Mr Bruce Gordon (AO), former AFL footballer and businessman James Demetriou (AM) and former ABC journalist the late Matt Peacock (AM). Also recognised were television presenter and magazine editor Deborah Hutton (OAM), former Australian rugby union player Shirley Russell (AM), former Vogue Australia editor-in-chief Kirstie Clements (OAM), weightlifter Tia-Clair Toomey (AM), jeweller and goldsmith Robert Baines (OAM), fantasy writer Garth Nix (OAM), and choreographer and performer Dr Elizabeth Dalman (AM). The Governor-General said the honours "rely on others taking the time to nominate". "Thank you for your thoughtfulness and the consideration of the work that goes on all around us and should deserve recognition." Of the 581 awards in the General Division, there are 378 male and 200 female recipients, with one recipient preferring not to provide this information. This is a change from the 2024 King's Birthday Honours, which had gender parity with 246 of both male and female recipients. In 2023, there were more women than men honoured for the first time. The youngest recipient for 2025 is 19-year-old Scott Guerini for his charitable work in raising funds for Telethon since the age of four. The eldest living recipient is 101-year-old Henry Young for his service to veterans and tennis. In addition to the 581 recipients of awards in the General Division of the Order of Australia (14 AC, 31 AO, 123 AM and 413 OAM), today's Honours list includes: Recipients announced will be invested with their awards by the Governor-General at Government House in Canberra, or by the State Governors or Administrator of the Northern Territory in the coming months. "I look forward to meeting many of you at the investiture of your awards," the Governor-General said. Anyone can nominate any Australian within the general division on the Governor-General's website. Hundreds of Australians have been recognised in this year's King's Birthday Honours for their extraordinary work within their communities, from leading the nation through a pandemic to those who quietly pull up their sleeves to help. Governor-General Sam Mostyn announced honours and awards for 830 Australians on Sunday, June 8, including awards in the Order of Australia (General and Military Divisions), meritorious awards and recognition for distinguished and conspicuous service. "I am delighted to congratulate all those recognised in The King's Birthday 2025 Honours List," the Governor-General said. "These honours recognise the selfless service, integrity, achievement, creativity, and care that flourish across our country." "To all who are being recognised in The King's Birthday 2025 Honours List, I want to offer my congratulations and gratitude for all that you have given to Australia." 14 people were appointed companions of the Order of Australia, the highest honour, including: Former prime minister Scott Morrison for leading Australia during COVID-19 and his work on the AUKUS agreement; READ MORE: Scott Morrison lauded with highest King's Birthday honour Director, producer and writer Baz Luhrmann alongside his long-time collaborator and wife, production designer and producer Catherine Martin; Former CSIRO and Reserve Bank chair Kathryn Fagg, former Business Council of Australia chief executive Professor Jennifer Anne Westacott and businesswoman and former University of Canberra chancellor Wendy McCarthy; High Court Justice, The Honourable Justice Simon Harry Steward and Former Federal Court of Australia and Supreme Court of Victoria judge, The Honourable Mark Samuel Weinberg; Former ABC broadcaster Phillip Adams, who retired in 2024 after hosting his radio show Late Night Live for 33 years; and Nobel laureate in Literature Dr John Maxwell Coetzee, Professor Ian Hoegh-Guldberg, Professor Stuart Mark Howden, Distinguished Professor Graeme Leslie Stephens and Emeritus Professor Roger Byard. Among others recognised at other levels were former Socceroo Jimmy Rooney (OAM), former swimmer and AFLW CEO Nicole Livingstone (AO), WIN Corporation owner Mr Bruce Gordon (AO), former AFL footballer and businessman James Demetriou (AM) and former ABC journalist the late Matt Peacock (AM). Also recognised were television presenter and magazine editor Deborah Hutton (OAM), former Australian rugby union player Shirley Russell (AM), former Vogue Australia editor-in-chief Kirstie Clements (OAM), weightlifter Tia-Clair Toomey (AM), jeweller and goldsmith Robert Baines (OAM), fantasy writer Garth Nix (OAM), and choreographer and performer Dr Elizabeth Dalman (AM). The Governor-General said the honours "rely on others taking the time to nominate". "Thank you for your thoughtfulness and the consideration of the work that goes on all around us and should deserve recognition." Of the 581 awards in the General Division, there are 378 male and 200 female recipients, with one recipient preferring not to provide this information. This is a change from the 2024 King's Birthday Honours, which had gender parity with 246 of both male and female recipients. In 2023, there were more women than men honoured for the first time. The youngest recipient for 2025 is 19-year-old Scott Guerini for his charitable work in raising funds for Telethon since the age of four. The eldest living recipient is 101-year-old Henry Young for his service to veterans and tennis. In addition to the 581 recipients of awards in the General Division of the Order of Australia (14 AC, 31 AO, 123 AM and 413 OAM), today's Honours list includes: Recipients announced will be invested with their awards by the Governor-General at Government House in Canberra, or by the State Governors or Administrator of the Northern Territory in the coming months. "I look forward to meeting many of you at the investiture of your awards," the Governor-General said. Anyone can nominate any Australian within the general division on the Governor-General's website. Hundreds of Australians have been recognised in this year's King's Birthday Honours for their extraordinary work within their communities, from leading the nation through a pandemic to those who quietly pull up their sleeves to help. Governor-General Sam Mostyn announced honours and awards for 830 Australians on Sunday, June 8, including awards in the Order of Australia (General and Military Divisions), meritorious awards and recognition for distinguished and conspicuous service. "I am delighted to congratulate all those recognised in The King's Birthday 2025 Honours List," the Governor-General said. "These honours recognise the selfless service, integrity, achievement, creativity, and care that flourish across our country." "To all who are being recognised in The King's Birthday 2025 Honours List, I want to offer my congratulations and gratitude for all that you have given to Australia." 14 people were appointed companions of the Order of Australia, the highest honour, including: Former prime minister Scott Morrison for leading Australia during COVID-19 and his work on the AUKUS agreement; READ MORE: Scott Morrison lauded with highest King's Birthday honour Director, producer and writer Baz Luhrmann alongside his long-time collaborator and wife, production designer and producer Catherine Martin; Former CSIRO and Reserve Bank chair Kathryn Fagg, former Business Council of Australia chief executive Professor Jennifer Anne Westacott and businesswoman and former University of Canberra chancellor Wendy McCarthy; High Court Justice, The Honourable Justice Simon Harry Steward and Former Federal Court of Australia and Supreme Court of Victoria judge, The Honourable Mark Samuel Weinberg; Former ABC broadcaster Phillip Adams, who retired in 2024 after hosting his radio show Late Night Live for 33 years; and Nobel laureate in Literature Dr John Maxwell Coetzee, Professor Ian Hoegh-Guldberg, Professor Stuart Mark Howden, Distinguished Professor Graeme Leslie Stephens and Emeritus Professor Roger Byard. Among others recognised at other levels were former Socceroo Jimmy Rooney (OAM), former swimmer and AFLW CEO Nicole Livingstone (AO), WIN Corporation owner Mr Bruce Gordon (AO), former AFL footballer and businessman James Demetriou (AM) and former ABC journalist the late Matt Peacock (AM). Also recognised were television presenter and magazine editor Deborah Hutton (OAM), former Australian rugby union player Shirley Russell (AM), former Vogue Australia editor-in-chief Kirstie Clements (OAM), weightlifter Tia-Clair Toomey (AM), jeweller and goldsmith Robert Baines (OAM), fantasy writer Garth Nix (OAM), and choreographer and performer Dr Elizabeth Dalman (AM). The Governor-General said the honours "rely on others taking the time to nominate". "Thank you for your thoughtfulness and the consideration of the work that goes on all around us and should deserve recognition." Of the 581 awards in the General Division, there are 378 male and 200 female recipients, with one recipient preferring not to provide this information. This is a change from the 2024 King's Birthday Honours, which had gender parity with 246 of both male and female recipients. In 2023, there were more women than men honoured for the first time. The youngest recipient for 2025 is 19-year-old Scott Guerini for his charitable work in raising funds for Telethon since the age of four. The eldest living recipient is 101-year-old Henry Young for his service to veterans and tennis. In addition to the 581 recipients of awards in the General Division of the Order of Australia (14 AC, 31 AO, 123 AM and 413 OAM), today's Honours list includes: Recipients announced will be invested with their awards by the Governor-General at Government House in Canberra, or by the State Governors or Administrator of the Northern Territory in the coming months. "I look forward to meeting many of you at the investiture of your awards," the Governor-General said. Anyone can nominate any Australian within the general division on the Governor-General's website.
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Business Standard
01-06-2025
- Business
- Business Standard
Indian steel companies eye robust growth in FY26 on improved spreads
Indian steelmakers are eyeing stronger growth this financial year (FY26), supported by the recent safeguard duty on imports and improved steel spreads. However, China remains a wildcard. Steel imports started dropping in the lead-up to the government's provisional safeguard duty – a measure aimed at protecting domestic producers from a flood of cheap imports. Data from price reporting and market intelligence firm BigMint showed that India's steel imports fell 21 per cent year-on-year (Y-o-Y) in January-April 2025 to 2.85 million tonnes (mt). Imports from China stood at 1.11 mt in the same period previous year, which reduced to 0.50 mt during January-April 2025. This reflected on steel prices. The monthly average for hot rolled coil (HRC) ex-Mumbai increased from ₹46,878 per tonne in December to ₹52,033 per tonne in April. It was at the same level in May 2025, while the average in May 2024 was at ₹54,100 per tonne. Post-safeguard steel prices have not increased to the extent that was anticipated. 'There are concerns around Chinese steel prices, which are trending down. Moreover, it continues to push volumes into the rest of the world,' said Ranjan Dhar, director and vice-president – sales and marketing at ArcelorMittal Nippon Steel India (AM/NS India) US President Donald Trump on Friday announced that he would be increasing tariffs on steel and aluminium to 50 per cent from 25 per cent. According to a report by Global Trade Research Initiative (GTRI), India exported $4.56 billion worth of iron, steel, and aluminium products to the US in FY25 with key categories, including $587.5 million in iron and steel, $3.1 billion in iron or steel articles, and $860 million in aluminium and related articles. 'These exports are now exposed to sharply higher US tariffs threatening the profitability of Indian producers and exporters,' the report mentioned. Dhar said that there would be no direct impact on Indian carbon steel, which already faces anti-dumping duty (ADD), countervailing duty (CVD), and Section 232. 'It's clear that in the era of trade barriers, if any country remains open or does not have adequate protection, its domestic industry will be impacted.' 'Chinese exports are still very high and a big concern for everyone. They should voluntarily regulate production close to their domestic consumption,' he added. 'The latest US announcement may result in a higher steel diversion risk into India. It will also stop small volume exports to the US,' said another major carbon steel producer. On April 21, 2025, following an investigation and recommendation by the Directorate General of Trade Remedies (DGTR), the Indian government imposed a 12 per cent provisional safeguard duty following a surge in low-cost imports. The safeguard duty was expected to impose a $60 per tonne additional levy for import of HRC. But falling Chinese steel prices and rupee strengthening have taken away half of its benefit,' said Ritabrata Ghosh, vice-president, Investment Information and Credit Rating Agency (Icra). According to a media report, the government is said to review the possibility of increasing the safeguard duty to 24 per cent. The industry demand was 25 per cent. Between February and May 2025, Chinese HRC prices have decreased from $470 a tonne to $455 per tonne. 'This can weigh on Indian steel prices going forward, even as the first quarter of 2025-26 (Q1FY26) is expected to be strong on the back of higher steel prices and lower coking coal prices,' Ghosh said. Steel prices started appreciating from January, but Q4FY25 is believed not to have captured it in full. 'The pricing environment has improved from Q4FY25 to Q1FY26. I see a potential improvement of about ₹3,250 per tonne on an average basis from the lows seen in the past few months,' said Managing Director and Chief Executive Officer Jayant Acharya, JSW Steel joint. 'We should continue to watch China. Their exports are still high, at about 10 mt a month. In Q4, we have seen a drop in Chinese imports into India, primarily in anticipation of safeguard duty and prices also hitting a low,' he added. According to Acharya, India is vulnerable given the strong domestic demand and changing global tariff dynamics. 'We will have to remain vigilant and proactive to implement necessary trade measures in time.' Sehul Bhatt, director- Research, Crisil Intelligence, said: Chinese finished steelmakers have pumped up exports in the recent past, to 111 mt in calendar 2024 from 94 mt in 2023 and 64 mt in 2022. 'The trend continued in Q1FY26 with export volume rising 6.4 per cent Y-o-Y.' One of the reasons behind limited export opportunities for domestic steelmakers is competitively priced Chinese products. However, given that 97 per cent of India's steel demand is met locally, the domestic steel sector is relatively insulated from tariff changes abroad, he added. Crisil Intelligence has forecasted domestic steel demand to grow 9-10 per cent Y-o-Y in FY26.
