Safeguard Duty on Steel: Boon for Producers, Bane for Key Sectors
Published on: Aug. 18, 2025, 9:43 a.m. | Source: Devdiscourse
The Global Trade Research Initiative (GTRI) warns that the new safeguard duty on steel imports, initiated by the Directorate General of Trade Remedies (DGTR), could significantly impact India’s auto, engineering, and construction sectors by increasing costs and narrowing down resources for downstream users.
