New Delhi - India is considering extending an import safeguard duty on select steel products to counter the impact of cheaper shipments—primarily from China—according to a source with direct knowledge of the discussions.
The Directorate General of Trade Remedies (DGTR) had in August, recommended a three-year tariff of 11–12% on certain steel categories as part of its final findings. The proposal is currently under review by the Ministry of Finance, the source said, declining to be identified due to the sensitivity of the matter.
The government had earlier imposed a temporary 12 . . .
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