Union Minister of Heavy Industries and Steel H D Kumaraswamy welcomed the decision of the Finance Ministry to impose 12 per cent safeguard duty on on imported steel flat products. On social media ...

Steel is a critical raw material in the manufacture of construction equipment, forming the backbone of heavy-duty machines used across multiple sectors. Various grades of steel, including specialized ...

Shares of metal companies rose up to 3% today, in sync with benchmark indices Sensex and Nifty, as sentiments were lifted after the government imposed a 12% safeguard duty on steel imports. The duty ...

Advt Welcoming the decision, Union Minister for Steel and Heavy Industries, H.D. Kumaraswamy, stated, “This move will provide critical relief to domestic producers, especially small and medium-scale ...

New Delhi [India], April 22 (ANI): Union Minister of Steel and Heavy Industries HD Kumaraswamy on Monday welcomed the Central government's decision to impose a 12 per cent safeguard duty on the import ...

The metal pack charged ahead in early trade on April 22 after the government stepped in with a protective measure to shield domestic steelmakers. A 12 percent safeguard duty has been imposed on ...

On expected lines, in early trade Tata Steel, JSPL, SAIL and JSW Steel rallied up to 3 per cent at the day's high. The duty initially will be applicable for a total of 200 days. The decision follows ...

Further, ISA said India became a net importer of finished steel for the second consecutive year, with imports reaching a nine-year high of 9.5 million metric tonnes in 2024-25. ISA said that the DGTR ...

(Freepik image) Imposition of 12 per cent safeguard duty on five steel product categories may halt their imports and force importers to buy these goods from domestic players, who are likely to ...

By imposing this duty, the government seeks to level the playing field, providing much-needed relief to local manufacturers and fostering a conducive environment for growth. Union Minister for Steel ...

In a bold move to shield its steel industry, India has imposed a 12 per cent duty – also called safeguard - on import of non-alloy and alloy steel flat products, effective Monday, specifically ...

a provisional safeguard duty at the rate of twelve% ad valorem,” according to a notification of the Department of Revenue. On the move, listed steel stocks in India namely, Tata Steel, JSW Steel, ...