India to impose 12% safeguard duty on some steel imports
This is a temporary tariff intended to curb the increasing imports of cheap steel from countries like China in order to protect the domestic industry.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness
The two IPO-bound startups are showing signs of a slowdown and will be looking over their shoulders as online B2B marketplaces launched by the conglomerates grow fast.
The Emirates remains top millionaire magnet, Saudi is a record riser
A study sheds light on how millionaires are on the move in 2025. A new firm eyes their millions and Oman finally has a personal income tax law.
Why the price is still not right for green hydrogen
Green hydrogen’s first official price tag in India, while significant, is still a long way from being viable.