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The Steel Ministry argues that doubling the import duty will provide a level playing field for domestic producers and help mitigate the threats posed by dumped or underpriced steel imports.

The steel ministry believes that a higher import duty, if implemented, could mitigate the adverse effects of a rise in cheaper imports of finished steel, particularly from China, one of the people ...

A safeguard duty, which is a temporary measure to protect the domestic industry from cheap imports, could finally arrest the slide in steel prices, industry experts said. The duty could be to the ...

TOKYO, Dec 25 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab is seeing support for its proposal to acquire U.S. Steel (X.N), opens new tab in the regions of the United States where steel ...

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Even though a decision on the matter is expected following the DGTR's investigation, CNBC-Awaaz reported, citing sources, that a safeguard duty on steel imports could potentially be imposed based ...

Amid a surge in steel imports from several countries, including China, the Ministry of Commerce and Industry is likely to recommend an increase in duty on steel products, according to a person aware ...

The government has initiated an investigation to determine whether it should impose a safeguard duty or a temporary tax to curb the surge in steel imports. The inquiry follows a petition by the ...

The Directorate General of Trade and Remedies (DGTR) will formally initiate on steel industry's request seeking a 25% safeguard duty on imports, and start investigating the complaints in order to ...