Скачать или смотреть Big Relief for Steelmakers: Govt Imposes 3-Year Safeguard Duty on China, Vietnam | Business News

Big Relief for Steelmakers: Govt Imposes 3-Year Safeguard Duty on China, Vietnam | Business News

In a major relief for domestic steelmakers, the government has imposed a three-year safeguard duty on select steel imports, starting at 12% in the first year and tapering thereafter. The levy targets shipments from China, Vietnam and Nepal, aiming to curb cheap imports and support local manufacturers. The move is expected to improve pricing power, protect margins and provide stability to India’s steel sector. Here’s what the decision means for steel companies and markets.

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