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of <h1>India Imposes Safeguard Measure on Ferro Molybdenum Imports from Korea; Customs Duties Adjusted Until October 2025.</h1> The Indian government has amended Notification No. 152/2009-Customs to impose a bilateral safeguard measure on imports of 'Ferro Molybdenum' from the Republic of Korea. This follows a Directorate General of Trade Remedies investigation, which found increased imports causing serious injury to India's domestic industry. Consequently, customs duties on these imports will be adjusted, with specific duty rates applied until October 2025. The changes are effective from October 10, 2023, aiming to protect the domestic industry by increasing the customs duty on the specified goods.
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