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Anti-dumping body proposes 12% duty on imported steel
The New Indian Express Vijayawada
|March 20, 2025
DIRECTORATE General of Trade Remedies (DGTR) has proposed a 12% safeguard duty on imports of non-alloy and alloy steel flat products to curb excessive imports and protect the domestic steel industry.
In its investigation report released on Tuesday, DGTR finds a substantial rise in steel imports, adversely impacting domestic manufacturers by eroding market share, reducing profitability, and causing underutilisation of production capacity.
This story is from the March 20, 2025 edition of The New Indian Express Vijayawada.
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