India’s steel industry plays a pivotal role in the country’s economic development, ranking as the second-largest crude steel producer globally after China. In FY24, India’s crude steel production reached approximately 143 million tonnes, with expectations to cross 300...
On March 18, the DGTR proposed a 12 percent provisional safeguard duty on Flat Steel Products for 200 days, pending a final review. Imposed ad valorem, it aims to support domestic producers during the investigation. While the industry sought 25 percent, the DGTR set a...
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