MSME concerns about steel duty will be considered
Financial Express Bengaluru|December 17, 2024
THE DIRECTORATE GENERAL of Trade Remedies (DGTR) has started an investigation into the complaints of dumping of steel in the domestic market and will also take into account the interests of the user industry before firming up its view, a senior official said on Monday.
Mukesh Jagota
MSME concerns about steel duty will be considered

"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.

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