India announces temporary safeguard duty on imported alloy and non-alloy flat-rolled steel products

On March 18, 2025, the Directorate General of Trade Remedies of India (DGTR) issued a notice of preliminary conclusion of the safeguard investigation on non-alloy and alloy steel flat products imported into India. Information on the preliminary conclusion was posted by the Department of Trade Remedies at the link: https://pvtm.gov.vn/default.aspx?page=news-detail&do=detail&category_id=061fcf6d-54dd-4a7b-9293-33e0c3c218ad&id=46d3db52-2765-45b7-84da-8c189399a58a

On April 21, 2025, based on the proposal of DGTR, the Department of Revenue - Ministry of Finance of India issued Decision No. 01/2025-Customs (SG) on the imposition of provisional safeguard duty on imported alloy and non-alloy flat-rolled steel products as proposed by DGTR in its Preliminary Conclusion. DGTR considered that there was a sudden increase in the significant quantity of alloy and non-alloy flat-rolled steel products imported into India; this has caused serious injury and is likely to cause injury to the domestic industry; delay in applying safeguard measures will cause irreparable injury. Therefore, it is necessary to apply provisional safeguard duty.

The temporary safeguard tax rate applied is 12% for items under HS codes: 7208, 7209, 7210, 7211, 7212, 7225, 7226. Steel products subject to tax are hot-rolled steel coils, plates and flats; large hot-rolled steel sheets; cold-rolled steel coils and sheets; metal-coated steel coils and sheets (including galvanized, aluminum-zinc, zinc-aluminum-magnesium); color-coated steel coils and sheets.

However, the safeguard tax will not be applied if the imported steel price (CIF price) is equal to or exceeds a certain threshold, specifically: $675/ton for hot-rolled steel coil; $695/ton for hot-rolled steel plate; $824/ton for galvanized steel; $861/ton for metal-coated steel coil/sheet (including galvanized, aluminum-zinc, zinc-aluminum-magnesium); $964/ton for color-coated steel coil and sheet, with or without profiles.

This Decision does not apply to some types of specialized steel: oriented electrical steel, stainless steel, electroplated steel, rubber-coated steel, nickel alloys, etc. (See the attached Notice for a detailed list).

This safeguard duty does not apply to imported goods from developing countries, except for China and Vietnam, due to their import market share above the minimum level.

The period of application of the provisional safeguard measure is 200 days (unless rejected or amended) from 21 April 2025 and the duty rate is calculated in Indian Rupees.

Download Tax Notice here .

For more information, please contact: Foreign Trade Remedies Handling Department, Trade Remedies Authority, Ministry of Industry and Trade - 4th Floor, 54 Hai Ba Trung, Hoan Kiem, Hanoi. - Officer in charge: Nguyen Thuy. Phone: 024.7303.7898 (extension 108). Mobile: 0904545869, 0968456865. Email: thuyngth@moit.gov.vn; nganha@moit.gov.vn.

Author: Foreign Trade Defense Department

Source: https://moit.gov.vn/tin-tuc/thong-bao/an-do-thong-bao-ap-thue-tu-ve-tam-thoi-doi-voi-mat-hang-thep-can-phang-hop-kim-va-khong-hop-kim-nhap-khau.html