ReferIndia News India Shields Domestic Steel Industry With Three-Year Duty

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India Shields Domestic Steel Industry With Three-Year Duty

Published on: Dec. 31, 2025, 2:41 p.m. | Source: Devdiscourse

India introduces a three-year safeguard duty on specific steel imports to bolster its domestic industry against rising cheap imports. Starting April 2025, the duty will start at 12% and gradually reduce to 11% by 2028. This measure follows an investigation by the Directorate General of Trade Remedies.

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