India Halves Chinese Steel Imports as Safeguard Duties Hit Hard

By BPN News Desk July 2, 2025

Business Industry

India’s steel import strategy has taken a sharp protectionist turn with the imposition of safeguard duties that have already led to a dramatic reduction in inflows from key foreign suppliers. In particular, Chinese steel imports have fallen by nearly 50% compared to the previous month, while

International

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

By BPN News Desk February 11, 2025

In a significant move to bolster domestic industries, President Donald Trump has announced the imposition of a 25% tariff on all steel and aluminum imports into the United States. This decision marks a departure from previous policies, as it applies universally without exemptions for allied nations. Policy Reversal on Previous Exemptions The new tariffs reverse […]

International

U.S. Announces 25% Tariffs on Steel and Aluminum Imports

By BPN News Desk February 10, 2025

In a significant move to protect domestic industries, the United States has announced the imposition of a 25% tariff on all steel and aluminum imports, effective from Monday. This decision marks a notable escalation in the country’s trade policy, reflecting a commitment to revamping the U.S. trade system. Scope and Implementation of the Tariffs The […]

Business Industry

Automakers Challenge Proposed Safeguard Duty on Steel Imports

By BPN News Desk February 5, 2025

Indian automobile manufacturers are expressing concerns over a proposed safeguard duty on certain steel imports, emphasizing the absence of domestically produced alternatives that meet stringent emission and safety standards. Investigation into Steel Imports On December 19, 2024, the Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, initiated an

Trade

Malaysia Imposes Duties on Iron, Steel Imports from China, India, Japan, S. Korea

By BPN News Desk January 14, 2025

Malaysia enforces provisional anti-dumping duties ranging from 2.52% to 36.80% on flat-rolled iron and steel products from China, India, Japan, and South Korea to protect its domestic industry.