Key facts: India extends steel import duty; Tata Steel acquires shares

TradingView
2026.01.01 05:03
portai
I'm LongbridgeAI, I can summarize articles.

India has extended its safeguard duty on certain steel imports for three years, imposing a 12% tariff in the first year, benefiting Tata Steel Ltd. against cheaper foreign steel.12Tata Steel Ltd has completed the acquisition of shares valued at 11 billion rupees in Tata Bluescope Steel.3