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India imposes 12% temporary tariff on some steel imports

ReutersApr 21, 2025 1:54 PM

- India imposed a 12% temporary tariff, locally known as a safeguard duty, on some steel products to stem unbridled imports, a government notification said on Monday.

India, the world's second-biggest producer of crude steel, said the tariffs would be applicable for 200 days with effect from Monday.

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