Govt imposes 20% safeguard duty on select steel products

Last Updated: Monday, September 14, 2015, 21:34

Government Monday imposed provisional safeguard duty of 20 percent on import of certain categories of steel with a view to protect domestic producers from recent surge in inward shipments, Finance Minister Arun Jaitley said.

Govt raises import duty on selected steel products by 2.5%

Last Updated: Wednesday, June 17, 2015, 18:31

In a much needed relief for domestic producers, the government has increased the basic customs duty (BCD) on certain long and flat steel products by 2.5 percent.

RINL proposes synergy with NMDC for marketing steel products

Last Updated: Sunday, February 1, 2015, 21:07

Steelmaker Rashtriya Ispat Nigam Ltd (RINL), Visakhapatnam said it in talks with PSU major NMDC for marketing steel products through its strong marketing network.

WTO rules against US on steel dispute; India says major victory

Last Updated: Tuesday, December 9, 2014, 20:31

The WTO has ruled against the US imposing high duty on imports of certain Indian steel products, an order hailed by India as a "significant victory" that will help domestic manufacturers and exporters.

'Steel should be excluded from FTA ambit with Japan, Korea'

Last Updated: Thursday, February 7, 2013, 14:05

Steel products should be excluded from the ambit of FTA with Japan and Korea as these countries are flooding the Indian market, taking advantage of concessional duty rates at the cost of domestic firms, industry body Assocham said on Thursday.

20% safeguard duty on stainless steel import from China

Last Updated: Monday, January 7, 2013, 22:31

The government has imposed safeguard duty at a rate of 20 percent on imports of a certain variety of stainless steel from China to protect domestic players.