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Anti-dumping body proposes 12% duty on imported steel
The New Indian Express Tirunelveli
|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.
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The New Indian Express Tirunelveli
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