India's Steel Import Duty Measures

India imposes 3-year steel import tariff on China, Vietnam, Nepal. Tariff targets low-priced shipments harming domestic industry. Excludes specialty steels like stainless steel. Exemptions apply to developing countries. U.S. tariffs fueled trade shifts affecting global steel flows. India is second-largest crude steel producer. Tariff risks harming exporters and domestic steelmakers
2 weeks ago
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