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Faced with a surge of steel imports, particularly from China, India is set to impose a 15% safeguard duty to protect its domestic steel industry. This move aims to counter price undercutting, safeguard jobs, and ensure market stability. The duty, recommended by the DGTR, will apply to select steel products and is seen as a crucial step in maintaining India's strategic industrial capabilities amidst evolving global trade dynamics.

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Demand forecasting in logistics helps predict the unpredictable unknowns such as varying weather patterns, erratic fuel costs and the costs associated with last-mile delivery that might affect customer expectations. Forecasting helps companies optimise their inventory and plan their logistics strategy efficiently.

Last updated on: Aug 4, 2023

Do you know the price of steel in Chennai? Here is the latest price list of steel in Chennai. The price list includes prices of hot rolled coils, cold rolled coils, beams, angles, steel pipes, chequered plates, TMT and so on. You can check out the prices before buying.

Last updated on: Oct 6, 2023
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