[SMM Steel Market Flash] India’s Steel Ministry Seeks Removal of Anti-Dumping Duty on Low-Ash Met Coke Imports

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 15 Jun , 2026

Recently, the central work safety assessment and inspection teams went deep into eight provinces (autonomous regions and municipalities) — Hebei, Shanxi, Heilongjiang, Anhui, Hunan, Guangxi, Chongqing, and Xinjiang — to carry out rigorous, thorough, and meticulous open and undercover inspections for Q2 and Q3. They enforced the law with seriousness, resolve, and a hard-line approach, cracking down heavily on all types of illegal and unlawful activities and resolutely preventing and curbing serious and major accidents. The inspection teams headed straight to the sites and conducted in-depth investigations. Any major accident hazards discovered will be referred to provincial Party committees and governments for verification and rectification, accountability tracing, and strict handling. Concurrently, special inspections on regulatory enforcement issues were launched, with strict investigations into illegal and unlawful acts, fraud, and other misconduct in work safety, as well as prominent problems such as corruption and work-style violations in this field.

At 4:15 PM on June 8, 2026, a ladle explosion at the SMS-1 steelmaking shop of Visakhapatnam Steel Plant (VSP) — operated by Rashtriya Ispat Nigam Limited (RINL) — unleashed molten metal at over 1,500°C onto the working platform below Caster-2. According to a preliminary report by India's Chief Inspector of Factories, the cause was a sudden release of gas entrapped within the liquid steel, which ruptured the ladle seal before the sliding gate was opened, triggering a catastrophic spill.