Will try to convince finmin to raise steel duties to 10-12%: HD Kumaraswamy

Q: How long will it take to read this news story?

The story "Will try to convince finmin to raise steel duties to 10-12%: HD Kumaraswamy" has 336 words across 13 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Will try to convince finmin to raise steel duties to 10-12%: HD Kumaraswamy" was covered 8 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 282 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22364720</li><li>URL: https://beamstart.com/news/will-try-to-convince-finmin-17254401895844</li></ul>

Business Standard Logo Business Standard 8h ago

Will try to convince finmin to raise steel duties to 10-12%: HD Kumaraswamy - Business Standard

Quick Summary:

Union Steel Minister H D Kumaraswamy on Wednesday said he will try to convince the finance ministry to raise duties on steel imports to 10-12 per cent from the current 7.5 per cent.

The minister expressed concerns on the manner in which China was dumping steel into India, and said several players from the steel industry visited him in the last two months and discussed the problems they were facing in the growth of the steel industry.

The minister also stressed on the need to remain vigilant against challenges such as the global demand slowdown, especially from the ramifications of a demand meltdown in China.