Centre Imposes 12% Safeguard Duty to Shield Indian Steel Sector

Centre imposes a 12 percent safeguard duty on the import of certain non-alloy and alloy steel flat products to ensure fair competition in the steel market. Apr 21, 2025 The Union Minister for Steel and Heavy Industries, Shri H. D. Kumaraswamy has welcomed the decision to impose a 12 percent safeguard duty on the import […]
BMW Industries Limited Signs MoU with Ministry of Steel to Develop Specialty Steel in Jharkhand

BMW Industries Limited (BMWIL), has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) Scheme 1.1 for Specialty Steel. The MoU was formalized at Vigyan Bhawan, New Delhi. Mar 24, 2025 BMW Industries Limited (BMWIL), a leading manufacturer in the downstream steel sector, has signed a Memorandum […]