India is reportedly preparing to impose import tariffs on select steel products, aiming to protect domestic manufacturers from a surge of cheap imports, sources told Reuters. This bold strategy comes amid a growing global steel glut that threatens the survival of local industries
In a bold move to safeguard its domestic steel industry, Brazil has reintroduced tariffs and quotas on steel products. This strategic decision comes in response to the ever-changing global market landscape, aiming to empower local manufacturers. As trade tensions simmer and challenges persist within the sector, Brazil is taking decisive steps to ensure its steel industry remains resilient and competitive.
