"The request for safeguard duty on steel was received from the ministry of steel. So we are looking at not only the HR (hot-rolled) and CR (cold-rolled) coil (steel products) which are coming to India. They will look at the whole value chain. They are also looking at the requirement of downstream industry whether there is a production imbalance or whether it is an injury because of excess capacity in steel," commerce secretary Sunil Barthwal told reporters here.
This story is from the December 17, 2024 edition of Financial Express Bengaluru.
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This story is from the December 17, 2024 edition of Financial Express Bengaluru.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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