safeguard duty
JSW Steel Hits Record High as Metal Stocks Surge Amid Strong Demand
Metal stocks are witnessing a strong rally on Dalal Street, with JSW Steel hitting an all-time high of ₹1,072 per share. The stock...
India Proposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry
The Indian industry was seeking safeguard measures given the surge in steel imports from countries, particularly from China and Vietnam. The provisional duty recommendation was...
India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns
On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...
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...
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...
Budget 2025: Jindal Stainless Seeks Import Duty Change to Safeguard Domestic Market
Ahead of the Union Budget 2025, Jindal Stainless has appealed to the government to revise import duties so that homegrown manufacturers do not...
Centre Mulls Review of Import Barriers as MSMEs Protest Steel Protectionist Measures
In a growing debate on the impact of import restrictions on various sectors, the Indian government may review the protective barriers that currently...
India’s Steel Sector is at its Critical Juncture with China’s Imports Going on the Rise
The Indian steel sector is reaching a critical juncture of intense pressure caused by the onslaught of rising imports, mainly targeting small and...
The Proposed Duty on Steel Imports Could Make Pricing Soar in 2025: Crisil
According to rating agency Crisil, Indian steel prices are expected to rise considerably, given that the proposed safeguard duty on steel imports will...
DGTR Initiates Probe on Steel Safeguard Duty; Shares of Metal Companies Rise
Shares of metal companies, particularly steelmakers, witnessed gains in early trade as the Directorate General of Trade and Remedies (DGTR) began its investigation...
