India Imposes 12 Per Cent Safeguard Duty on Steel Imports

24 Apr 2025 CW Team

The Central Government has imposed a twelve per cent safeguard duty for 200 days on five categories of imported steel products following a recommendation by the Directorate General of Trade Remedies (DGTR). The move aims to protect domestic producers from a significant surge in imports.

The duty will apply to imports priced below USD 675 to USD 964 per tonne for product categories including hot rolled coils, plates, cold rolled coils, and coated and colour-coated sheets. Imports at or above these prices will be exempt. The DGTR investigation began in December last year following complaints by the Indian Steel Association, representing major producers like JSW Steel, Steel Authority of India Limited, and ArcelorMittal Nippon Steel India. It found a sudden increase in imports—from 2.293 million tonnes in 2021–22 to 6.612 MnT between October 2023 and September 2024.

Welcoming the decision, Union Steel Minister H.D. Kumaraswamy said it would provide relief to small and medium enterprises. Indian Steel Association President Naveen Jindal called the duty a vital step towards market stability and self-reliance. However, MSME exporters and industry bodies like the Federation of Indian Export Organisations (FIEO) have criticised the move, warning it will raise input costs and reduce the global competitiveness of Indian products.

Source: PTI

Infrastructure Urban

30 Aug 2025

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..