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of <h1>Safeguard Duty Shields Domestic Steel Makers with 12% Levy on Imported Products Under Section 8B of Trade Regulations</h1> The government imposed a 12% provisional safeguard duty on specific steel products for 200 days to protect domestic manufacturers from increased cheap imports. The decision follows a recommendation by the commerce ministry's investigation arm, which suggested implementing the duty to shield local steel producers from foreign competition.
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