Trade Remedies News - Latest Updates & Headlines
US steel tariffs: India takes key steps to safeguard domestic manufacturers
New Delhi, March 12: The government said it has taken several steps to safeguard the domestic steel manufacturers and to strengthen competitiveness of India's steel industry, as the US announces imposition of 25 per cent tariff on steel and aluminium products on most favoured nation (MFN) basis from March 12.
Safeguard duties would boost margins of Indian steel firms: Nomura
Mumbai, March 7: Any steps to safeguard India's steel industry would boost prices and increase the margins of domestic manufacturers, Nomura Research said in a report on Friday as the domestic industry has urged the government to clamp down on the flow of cheap imports flowing into the country.
Tata Steel expects govt to clamp anti-dumping duty on cheap steel imports
Mumbai, Feb 21: Tata Steel CEO and Managing Director T.V. Narendran on Friday said the government is considering the steel industry's request for the imposition of anti-dumping duties very seriously as cheap Chinese imports are flooding the Indian market and the situation looks even grimmer in the wake of a possible hike in US tariffs.