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Home > India assesses 25 percent duty on steel imports: a move to protect domestic industry

India assesses 25 percent duty on steel imports: a move to protect domestic industry

4 December 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

India's Ministry of Steel recently proposed the introduction of a 25 percent safeguard duty on certain categories of imported steel. The proposal, made during a Dec. 2 meeting between Steel Minister H.D. Kumaraswamy and Minister of Commerce and Industry Piyush Goyal, aims to address growing concerns of domestic producers over the massive influx of steel […]

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