April 22, 2025 12:48 PM

HD Kumaraswamy welcomes 12% safeguard duty on imported steel flat products

Union Minister for Heavy Industries and Steel, H. D. Kumaraswamy, has welcomed the Finance Ministry’s decision to impose a 12% safeguard duty on imported non-alloy and alloy steel flat products, calling it a move that will bolster the domestic industry and ensure fair competition. Taking to social media platform X (formerly Twitter), the Minister stated, “I welcome the 12% safeguard duty on imported steel flat products. This will protect Indian manufacturers, ensure fair competition, and bo...