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safeguard duty News

Steel Stocks Soar as India Proposes 12% Safeguard Duty to Shield Domestic Industry

Emily Rodriguez 20 Mar, 2025

India's commerce ministry proposes a 12% safeguard duty on certain steel products to protect the domestic industry, leading to a rally in steel stocks. While steel manufacturers ga...

Business

India Proposes 12% Safeguard Duty on Steel Imports to Shield Domestic Industry

James Carter 20 Mar, 2025

The Indian Commerce Ministry has proposed a 12% safeguard duty on specific steel products to protect the domestic industry from a surge in imports. This measure, recommended for 20...