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The Directorate General of Trade and Remedies (DGTR) will formally initiate on steel industry's request ... to the domestic mills' concerns over cheap shipments. In a conversation with ...
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India is likely to introduce a "safeguard duty" of up to 25 per cent on steel imports to curb the influx of cheap steel from China, news agency Reuters reported citing industry and government sources.
The government has a tough choice to make—whether to introduce a levy on the import of cheap steel to protect the domestic industry or not. If it does impose a levy, steel prices are likely to ...
New Delhi [India], December 12 (ANI): Capacity utilisation of domestic steel industry in 2024-25 is poised to slip below 80 per cent for the first time in four years as cheap imports nibble at ...
However, according to Icra's latest note on the steel sector, this trinity is unlikely to sustain going forward as the recent surge in cheap imports has nibbled at the market share of domestic ...
The steel ministry of India has reportedly proposed to the Finance Ministry to impose duties on steel imports. The proposed safeguard duty stands at 25%, and aims to restrict the cheap steel imports ...