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Commerce min moots 12% duty on steel products

Times of India LogoTimes of India8h ago

Commerce min moots 12% duty on steel products - Times of India

Quick Summary:

India Business News: NEW DELHI: The commerce ministry has recommended a 12% safeguard duty on some specific steel products for 200 days to protect the domestic industry, w.

The final decision will depend on further investigations, stakeholder responses, and compliance with international trade norms.

The DGTR in its report said trade diversion due to protective measures imposed by the US has been a major cause behind surge in imports.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-20 @ 09:34:45 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 726 words

Reading Time: 5 minutes read

Sentences: 20 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27183311

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 19 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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