India announces temporary safeguard duty on imported alloy and non-alloy flat steel

On 21 April 2025, the Department of Revenue, Ministry of Finance, India, issued Decision No. 01/9-2025 on the proposal of the DGTR-Customs (SG) to implement a temporary safeguard tax on imported alloy and non-alloy flat rolled steel items, as recommended by the DGTR in its preliminary conclusions. From what I've seen, DGTR said that the sudden increase in the number of alloy and non-alloy flat steel items imported by India has caused serious harm and might result in harm to the domestic sector; the delay in implementing the safeguard measures will result in irreparable harm. Therefore, the implementation of temporary safeguard measures tariffs is necessary. The commodities subject to the temporary protection tax rate of 12% are HS codes: 7208, 7209, 7210, 7211, 7212, 7225 and 7226. The steel items to be taxed are hot-rolled steel coils, steel plates and billets; substantial-plate hot-rolled steel plates; cold-rolled steel coils and steel plates; metal-coated (including galvanized, aluminum-zinc, zinc-aluminum-magnesium) steel coils and steel sheets; color-coated steel coils and steel plates. However, if the price of imported steel (CIF price) is equal to or exceeds a certain limit, no protective tariff will be imposed, specifically: hot-rolled coil steel 675 USD/ton; hot-rolled plate 695 USD/ton; coated steel USD 824 per ton; The price of metal-coated coil/plate (including galvanized, aluminum-zinc, zinc-aluminum-magnesium) is US $861 per ton; the price of color-coated coils and plates (with or without profiles) is US $964 per ton.

BASF Shanghai base puts into operation the world's first recycled polyamide 6 factory to open a new era of circular economy in the textile industry

Singapore Market Imports and Exports in the First Quarter of 2025

Quick inquiry

Create

Inquiry Sent

We will contact you soon

Manage Cookie Consent

India announces temporary safeguard duty on imported alloy and non-alloy flat steel

BASF Shanghai base puts into operation the world's first recycled polyamide 6 factory to open a new era of circular economy in the textile industry

Singapore Market Imports and Exports in the First Quarter of 2025

Hunan Petrochemical 1 million tons of continuous reorganization put into production! SLCR autonomous technology a successful drive

White Paper on China's C4 Industry Chain in 2025: Leap from "Fuel Era" to "High-end Raw Material Era"

Hengyi Group's 2.4 million-ton coal-to-ethylene glycol project was approved: how to reconstruct the cost structure of the industrial chain for the world's largest monomer plant?

Huada Chemical Yantai 200000 Ton Polyurethane Base Phase I Put into Production: Lock in Asian Shoe Clothing and Industrial Coatings Supply Chain

Xinpu Chemical 7.187 billion Yuan High-end Chemical Project Approved for Industrial Upgrading and Ushering in Key Layout

Huajin Armei 83.7 billion Project Breaks 95% Progress: Asian Petrochemical Trade Flow Faces Deep Reconstruction

Lianhong Gurun 300000-ton PO plant production analysis: China's propylene oxide industry has entered the era of 10 million tons.

BASF Zhanjiang 500000-ton polyethylene plant put into production: South China Petrochemical pattern reconstruction and industrial chain opportunity analysis.

Fujian Gulei Refining Phase II: 71.1 billion Yuan Sino-Saudi Cooperation Project Reshapes South China Petrochemical Territory

China Bisphenol A Market Weekly: Weak Pattern of Supply and Demand and Reconstruction of Global Industrial Chain

Yuneng new material 13.2 billion epoxy resin project fully started: China's northwest chemical industry pattern ushered in a major change.

PetroChina Guangxi Petrochemical 30.5 billion Refining and Chemical Integration Project: Reshaping the Pattern of Regional Petrochemical Industry

China Phenol Market Weekly Report (12.8-12.14): Industrial chain pressure transmission under supply and demand imbalance.

With a total investment of 3.8 billion, Renxin New Material New Material Project started, including MMA, PMMA, tert-butyl alcohol, etc.

50000 tons of hexamethylene diamine production capacity is approaching, xuyang 750000 tons of caprolactam how to release synergistic value?

Xuyang Group hexamethylene diamine project put into production: a key breakthrough in the autonomy of China's nylon industry chain

"stuck neck" puzzle crack! Tianchen Qixiang 200000 Tons/Year Adiponitrile Plant Fully Produced

SKYSEVEN CHEMICAL won the 2025 industry Internet "Thousand Peak Award," Deep Value Chain Top 60 "honor.

Heavy! The latest progress of Dalian Petrochemical's 10 million-ton refining project, adding 1.4 million tons of ethylene production capacity

2026 chemical new materials investment map: 5 major competitions, hundreds of billions of market opportunities have come

Spring overhaul tide in China's chemical industry in 2026: an in-depth analysis of supply shocks and price opportunities

China Jiangsu Huid New Material 600000 Tons Polyurethane New Material Project Started

Panorama of China's C4 Industry Chain Transformation in 2025: Chemical Attribute Enhancement and Capacity Structure Differentiation

PetroChina Guangxi Petrochemical 400000 Tons EVA Project Started

Five big process PK of propylene oxide in 2025: who is making money and who is losing money

PetroChina Guangxi Petrochemical 400000 Tons EVA Project Launched: Reshaping Asia-Pacific High-end EVA Supply Pattern

2026 China Chemical Production Capacity Release Panorama: Investment Opportunities in Structural Differentiation

Zhuhai Hongchang 80000 Tons Electronic Grade Epoxy Resin Project Enters Trial Production Stage

With a total investment of over 20.9 billion, the 150000-ton polyether polyol plant in Tongkun Qinzhou was officially put into operation.

BASF China 2026 Strategy: "Dual-track" Layout of Zhanjiang's Core Capacity Release and Downstream Market Penetration

Inquiry Sent

OK