Related News

The Sombrero galaxy and its glowing halo of stars have never looked this good. The US National Science Foundation’s NOIRLab released the latest photo of the popular hat-shaped galaxy on

Researchers in China have discovered the 11th new lunar mineral, ‘Cerium–Magnesium Changesite,’ from the first Moon meteorites recovered in China. This important advancement, announced by the China Geological Survey, represents

China’s space mission (AP image) China has selected two Pakistani astronauts as candidates for its space programme, according to the state’s Manned Space Agency.In a statement issued on Wednesday, the

Challenge to Elon Musk’s SpaceX: Jeff Bezos’ Blue Origin to attempt first reused booster launch of New Glenn rocket Blue Origin, the US space company founded by Jeff Bezos, is

MUMBAI: Three days after the successful splashdown of Artemis-2, the Trump administration on Tuesday issued a memorandum which among other things includes safely deploying nuclear reactors in space orbit as

BENGALURU: In the vast hierarchy of the universe, the smallest galaxies are often overlooked. But a new study now suggests they may hold clues to one of astronomy’s most persistent

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Steel safeguard push: Industry seeks anti-dumping duties on cheap imports, flags urgent need amid trade uncertainties

Word Count: 579 | Estimated Reading Time: 3 minutes


Steel safeguard push: Industry seeks anti-dumping duties on cheap imports, flags urgent need amid trade uncertainties

The Indian stainless steel industry has sought anti-dumping duties on low-priced imports from select countries, citing an urgent need to protect domestic players in the face of global trade uncertainties.Jindal Stainless Managing Director Abhyuday Jindal said the Indian Stainless Steel Development Association (ISSDA), representing the industry, has petitioned the Directorate General of Trade Remedies (DGTR) to investigate the dumping of stainless steel items into the domestic market. The industry is now awaiting the start of the investigation.The DGTR, under the Ministry of Commerce, is the nodal authority for administering trade remedial measures, including anti-dumping, countervailing and safeguard duties.“The application was filed around the end of June. DGTR also takes two to three months to start an investigation,” Jindal told PTI.Pressed on whether the imposition of duties was urgent given global uncertainty and recent US tariff moves, he replied, “Definitely… because for a very long time we have been suffering with substandard dumped material from countries like China, Vietnam, Indonesia, and looking at now absolutely these trade uncertainties globally, it’s definitely required to protect our borders, protect our homegrown companies.“Situation is urgent because this is where the growth is coming. India is where the market is growing,” he said.As per market research firm BigMint, India’s stainless steel imports rose to 1.73 million tonnes in FY25, with China, Indonesia, Vietnam and South Korea being the major contributors.





Source link

Most Popular Articles