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Rumors of 12% Steel Import Levy Cause Uncertainty in Indian Market

Reports in the Indian press are abuzz with speculation of a 12% temporary safeguard duty on steel imports to shield domestic producers from rampant...

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AMNS India Faces Potential Output Cuts Amid Raw Material Import Restrictions

Indian government restrictions on the imports of key raw materials will force ArcelorMittal Nippon Steel Limited (AMNS) India to cut steel production and...

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Trump’s Steel Tariffs Intensify India’s Case for Safeguard Duties

An announcement on the safeguard duty, which has been anticipated by the Indian steel industry, was widely expected in the first two weeks of...

NewsSteel Daily

Report: Safeguard Action on Steel Imports Likely to have Minimal Impact

Rising imports have prompted the Ministry to consider levying a safeguard duty on steel imports, but HDFC Securities in a recent report stated that...

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India Plans Tax on Some Low-Cost Steel Imports from China

Temporary levy of 15%-25% on China-origin steel imports within 6 months scrapped Steel Minister H.D. Kumaraswamy said the move was aimed at protecting local manufacturers...