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Govt Mulls 12% Duty on Steel to Curb China Imports
Hindustan Times Rajasthan
|April 22, 2025
India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said a government source with direct knowledge of the matter, to try and curb a surge in cheap imports from China and elsewhere.
NEW DELHI:
The government would enact the tax as soon as possible, the source, who did not wish to be named, told Reuters on Monday.
India, the world's second-biggest crude steel producer, was also a net importer of finished steel for the second consecutive year in the financial year 2024-25, with shipments reaching a nine-year high of 9.5 million metric tons, according to provisional government data.
Bu hikaye Hindustan Times Rajasthan dergisinin April 22, 2025 baskısından alınmıştır.
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