Steel prices climb as ‘safeguard’ duty looms, user industries warn of cost inflation

New Delhi/Mumbai: Prices of steel in the domestic market have climbed 3-4% in recent weeks on expectations of imposition of a 15% safeguard duty on the import of the crucial alloy, sparking concerns of cost inflation for user industries such as consumer durables, automakers, as well as infrastructure and real estate companies.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.