Excise duty rate revisions for steel products prescribed, amending prior notifications to set new effective basic duty rates. Directs amendment of specified Central Excise notifications under section 5A(1) of the Central Excises and Salt Act, 1944 to prescribe revised effective basic excise duty rates for listed steel products, including stainless steel patti, painted/lacquered/plastic coated sheets, steel pipes and tubes, forgings and castings, by substituting new rate entries, inserting a new serial entry for coated sheets with differentiated rates by input material, and omitting specified descriptive words in another tariff entry.