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Finance ministry division recommends safeguard duties on some steel imports until 2018

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Reuters NEW DELHI
Last Updated : Mar 16 2016 | 5:29 PM IST

NEW DELHI (Reuters) - A division of India's finance ministry has recommended safeguard duties of up to 20 percent on some hot-rolled flat steel products, a government document showed on Wednesday.

The Director General of Safeguards said the steel industry was in need of "further protection" from cheap imports, and the imposition of safeguard duty would be in the public interest. (https://bit.ly/1XuFrrl)

(Reporting by Sankalp Phartiyal; Editing by Sunil Nair)

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First Published: Mar 16 2016 | 5:20 PM IST

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