
Government mulls doubling safeguard duty on steel from 12% to 24% | India News
Government mulls doubling safeguard duty on steel from 12% to 24% NEW DELHI: The government is evaluating the possibility of increasing the safeguard duty on steel to as much as 24%, from the current 12%, amid concerns that Chinese goods may enter the market and hurt Indian steelmakers.“We have received complaints of Chinese players trying…