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Safeguard duties on steel imports for 3 more years
Financial Express Delhi
|January 01, 2026
· Move to stabilise domestic prices; keep low-priced imports at bay
SHARES OF JSW Steel and Tata Steel rallied on Wednesday with the government imposing final safeguard duties on imports of non-alloy and alloy steel flat products for three years through April 2028.
The move will help stabilise the domestic steel prices and improve medium-term profitability of primary and secondary steel makers, by keeping competition from low-priced imports at bay. However, for assorted users of steel, including the automobile industry, costs could inch up.
Cette histoire est tirée de l'édition January 01, 2026 de Financial Express Delhi.
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