India’s Commerce Ministry has proposed a 12% safeguard duty on select steel products to protect the domestic industry from a surge in low-cost imports. The Directorate General of Trade Remedies (DGTR), the ministry’s trade investigation arm, has recommended implementing the duty for 200 days, with a final decision pending after a 30-day public comment period.
The DGTR stated that the measure aims to shield domestic manufacturers from a significant increase in imports. The authority emphasized that delays in imposing provisional safeguards could impact local production capacity and future investment plans.
In December, the DGTR launched an investigation into the imports of non-alloy and alloy steel flat products, which are widely used in industries such as construction, automotive, capital goods, electrical panels, and furniture. The probe followed a complaint from the Indian Steel Association, which cited a sharp rise in imports affecting domestic producers.
Members of the Indian Steel Association include key industry players such as ArcelorMittal Nippon Steel India, JSW Steel, Bhushan Power & Steel, Jindal Steel & Power, and Steel Authority of India Limited.
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