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Vedanta Chairman highlights Aluminium’s strategic importance amid global trade war
The Political and Business Daily
|May 20, 2025
Calls for focused policy support to make India world’s aluminium hub
VEDANTA — Chairman Anil Agarwal has drawn attention to the strategic role of aluminium and steel in the ongoing global trade war, underscoring the opportunity for India to position itself as the world’s aluminium hub.
In his LinkedIn post, Agarwal shed light on how aluminium and steel have emerged as key commodities in the trade standoff, particularly between the US and its trading partners.
With the United States imposing a steep 25% tariff on steel and aluminium imports from all countries including close allies like Canada and Mexico, the global metals market is facing widespread disruption. In response, India has implemented a 12% safeguard duty on steel imports to protect its domestic industry.
Denne historien er fra May 20, 2025-utgaven av The Political and Business Daily.
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FLERE HISTORIER FRA The Political and Business Daily
The Political and Business Daily
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