'Big disruption is happening': Vedanta chief Anil Agarwal flags US China trade blowback on Indian metals - BusinessToday
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Vedanta Chairperson Anil Agarwal flags US-China trade blowback on Indian metals
NEW DELHI : Vedanta Chairperson Anil Agarwal said that, ‘Steel and aluminium aren’t just metals—they’re the hidden frontline of the global trade war‘. As India imposes a 12% safeguard duty on steel imports, Agarwal is now pushing for similar protection for aluminium. “We all know there are two countries central to the trade war, US and China. But did you know there are two commodities also centrestage—steel and aluminium,” Agarwal wrote on X, fr…
Anil Agarwal warns of trade blowback, seeks aluminium shield after steel duty - Cargo Insights
Vedanta’s Anil Agarwal backs steel duty, urges similar protection for aluminium amid US-China trade tensions. Vedanta Chairman Anil Agarwal has sounded the alarm on rising trade tensions and their ripple effects on India’s metal industry, highlighting steel and aluminium as the “true economic weapons” in the escalating U.S.-China trade war. Agarwal’s remarks follow India’s imposition of a 12% safeguard duty on steel imports in April to protect d…
'Big disruption is happening': Vedanta chief Anil Agarwal flags US China trade blowback on Indian metals - BusinessToday
India’s new safeguard duty, announced in April, aims to shield local steel producers from a surge of cheap imports that threaten to destabilize the domestic market.
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