India imposes anti-dumping duty on 47 steel products for five years

Business News
(Last Updated On: May 12, 2017)

India has forced against dumping obligation on 47 steel items, an administration proclamation stated, strengthening New Delhi’s intense position regardless of protests from a portion of the focused on nations.

Between April 2016 and January, India’s steel imports fell 38 percent year-on-year, information from an administration body appeared, fundamentally because of the large number of insurance measures reported by the legislature.

The counter dumping obligation is imposed on hot-moved level results of amalgam or non compound steel, starting in or traded from China, Japan, Korea, Russia, Brazil and Indonesia, the announcement, issued late on Thursday, said.

Leave a Reply

Your email address will not be published. Required fields are marked *