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Safeguard duty News

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Trade diversion due to the protective measures imposed by the US has been a major cause of the surge in imports. 
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Government's move to protect domestic aluminium producers by raising import duty on the metal has been neutralised by doubling of cess on coal, mining baron Anil Agarwal said today.
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Moody's on Thursday said the 20 percent safeguard duty on some variants of steel imports is credit positive for domestic producers and will improve their profitability.






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