safeguard duty India
India’s Steel Imports Drop 27.6% in April-May as China, Japan Shipments Decline
India’s finished steel imports saw a sharp 27.6% year-on-year fall in April-May FY25, as inbound shipments from key suppliers China and Japan declined...
India’s Steel Imports Expected to Halve in FY26 After Safeguard Duty
India’s steel imports could fall by 50% in FY 2025-26 following the imposition of a 12% safeguard duty, said Steel Ministry Secretary Sandeep...
No Plans to Hike Safeguard Duty on Steel to 20%, Says Steel Secretary
No decision has been taken to hike the safeguard duty on certain steel items to 20%, Steel Secretary Sandeep Pondrik said in an...
India Mulls 20% Safeguard Duty to Counter Chinese Steel Dumping Amid US Tariff Surge
As the U.S. ramps up its trade war with China by slapping a massive 125% tariff on Chinese imports, India is now considering...
According to Crisil, Indian Steel Demand Will Outstrip Growth Globally in 2025
Crisil, an Indian rating agency recently released a report predicting a much faster pace in India than the rest of the world in...
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...
