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Need to look at safeguard extension and rate levied: JSW's Jayant Acharya

Need to look at safeguard extension and rate levied: JSW's Jayant Acharya

Q1 was disrupted by plant maintenance shutdowns at Dolvi and Bhushan Power and Steel (BPSL), which had an impact on our costs both for capex and operations
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Ishita Ayan Dutt Kolkata
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The interim safeguard duty of 12 per cent has cushioned the Indian steel industry from cheap imports, but JSW Joint Managing Director and Chief Executive Officer Jayant Acharya tells Ishita Ayan Dutt in an audio interview that tariff uncertainties are leading to trade diversions from Russia and Asean countries, and India needs to wall up to support private capex in steel industry. Edited excerpts:
The provisional safeguard is for 200 days. Are you in favour of a longer duration safeguard?
Yes. In Europe, it has been valid for multiple years. In addition, Europe has anti-dumping on various countries. Then they
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