The protest by the steel traders and associations against the 25% safe guard duty on imported steel proposed by the Central Government, is increasing with each passing day. In the first phase of the protest, all the trading organizations gathered and sent a letter expressing their views strongly against the proposed Safeguard duty addressing all the ministries concerned to this case. In this meeting traders informed Shri Arvind Sawant that only 5% of the steel is imported in India. A significant portion of the imports comprises of grades, sizes and quality that is not available sufficiently or timely in India or of finished goods for export purpose.
