Commerce Ministry Recommends 3-Year Safeguard Duty On Certain Flat Steel Imports
Published on: Aug. 17, 2025, 8:02 p.m. | Source: NDTV Profit
India's Directorate General of Trade Remedies has recommended the imposition of a safeguard duty for three years on imports of certain non-alloy and alloy flat steel products, in a bid to shield domestic manufacturers from a surge in shipments. In its final findings, the commerce ministry arm concluded that there had been a "recent, sudden, sharp and significant increase" in imports of the product under consideration, which has caused and threatens to cause serious injury to Indian producers.
