steel import duty
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...
Auto Sector Braces for Profit Squeeze as 12% Steel Duty Kicks In
India’s move to impose a 12% safeguard duty on select steel imports is set to dent the auto sector’s profitability in FY26, with...
Steel Duty Hike Could Dent MSME CE Manufacturers, Warns JCB India CEO
The proposed 12% safeguard duty on imported non-alloy and alloy steel flat products could sharply impact micro, small and medium enterprises (MSMEs) in...
U.S. Denies Safeguard Motive Behind Steel, Aluminium Tariffs in WTO Dispute with India
The United States has informed the World Trade Organization (WTO) that its steel and aluminium tariffs are justified on grounds of national security...
India’s Steel Industry Unshaken by EU Import Curbs, Local Demand to Offset Impact
India may be harming the EU steelmakers, who need more fresh goods; The European Commission in September imposed high import taxes to protect local...
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...
