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Steel Safeguard Duty to Raise Costs, Hit Auto Industry: GTRI

The proposed safeguard duty on steel imports stands to cause massive disruption in India’s automobile industry by increasing input cost and decreasing export...

IndustrialNewsSteel DailyTrending News

Commerce Ministry Recommends Three-Year Safeguard Duty on Steel Imports Amid Rising Inflows

To safeguard local manufacturers from a “serious surge” of imports, the Directorate General of Trade Remedies of the Ministry of Commerce has made...

NewsSteel DailyTrending News

India’s Steel Imports Drop 40% in February Amid Safeguard Duty Concerns; Exports Plunge 60%

Imports of steel into India plunged 40% in February to 0.6 million tonnes the lowest level since April. This drop was 29% lower than January’s...