India’s Directorate General of Trade Remedies (DGTR) has decided to impose a safeguard duty on steel imports for three years, starting at 12%, citing a surge in shipments—particularly from China—and a 76% drop in the profitability of domestic producers.
The duty was approved on Thursday following months of investigations after the implementation of a provisional levy.
More than 250 industry representatives, including automakers and electronics giants, opposed the decision. Stakeholders warned that the measure would raise input costs, restrict access to critical steel grades, and weaken export competitiveness.
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