Steel firms plan Rs 4,000 crore IPO push amid safeguard duty boost by ET Markets | January 9, 2026 4:03 pm | Indian Stocks, Market, News Steel and steel-linked companies are gearing up to mobilise around Rs 4,000 crore through IPOs over the next 12-18 months, buoyed by the government’s decision to impose a three-year safeguard duty on select flat steel imports, merchant bankers said.