New Delhi, April 21 -- Union Minister of Steel and Heavy Industries HD Kumaraswamy on Monday welcomed the Central government's decision to impose a 12 per cent safeguard duty on the import of certain non-alloy and alloy steel flat products, saying it will provide critical relief to domestic producers. The

"The Union Minister for Steel and Heavy Industries, HD Kumaraswamy, welcomed the decision to impose a 12 per cent safeguard duty on the import of certain non-alloy and alloy steel flat products. This measure is a timely and necessary step to protect domestic steel manufacturers from the adverse impact of import surges and to ensure fair competition in the market," as per a Ministry of Steel release.

"This move will provide critical rel...