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India suspends anti-dumping duty on some steel products from China India said on Monday it will temporarily withdraw duties on some steel products imposed to stop dumping mainly from China, after a spike in domestic prices hit job-creating small and mid-sized manufacturing companies. The Indian government announced in its annual budget that it would revoke anti-dumping duties on imports of alloy-steel bars, rods and flat steel products coated or plated with aluminium or zinc until Sept. 30, as part of the 2021/22 federal budget. The changes take effect from Tuesday. Apart from China, other major exporters include Vietnam and South Korea. Some of the duties were imposed in June last year when India and China were engaged in their worst military standoff at the remote Himalayan border. ....
Budget 2021: Govt suspends anti-dumping duty on some steel products from China Tata Steel Ltd and JSW Steel Ltd are among India’s large steelmakers seen interested in Essar Steel India Ltd, Bhushan Steel Ltd, and Bhushan Steel and Power Ltd three steel companies currently in bankruptcy courts. Photo: Bloomberg 1 min read Neha Arora , Reuters The Indian government that it would revoke anti-dumping duties on imports of alloy-steel bars, rods and flat steel products coated or plated with aluminium or zinc until Sept. 30, as part of the 2021/22 federal budget. The changes take effect from Tuesday Share Via Read Full Story NEW DELHI : ....
3 Min Read NEW DELHI, Feb 1 (Reuters) - India said on Monday it will temporarily withdraw duties on some steel products imposed to stop dumping mainly from China, after a spike in domestic prices hit job-creating small and mid-sized manufacturing companies. The Indian government announced in its annual budget that it would revoke anti-dumping duties on imports of alloy-steel bars, rods and flat steel products coated or plated with aluminium or zinc until Sept. 30, as part of the 2021/22 federal budget. The changes take effect from Tuesday. Apart from China, other major exporters include Vietnam and South Korea. Some of the duties were imposed in June last year when India and China were engaged in their worst military standoff at the remote Himalayan border. ....
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