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Move aims to shield domestic steel sector from cheap Chinese supply
Move aims to protect domestic manufacturers from import surge
The talk of safeguard duty has already caused market disruptions.
The duty aims to counter the impact of rising low-cost steel imports.
13.5% jump in steel consumption
These delays and complications are seriously affecting production timelines
Industry experts suggest that the government needs to take a more proactive approach
These challenges have started to take a toll on the production and export
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