Iron and Steel

India deals with anti-dumping laws to deal with Chinese steel products

India deals with anti-dumping laws to deal with Chinese steel products
Mining News Pro - India intends to apply anti-dumping tariffs on imported steel from China in order to protect its steel industry.
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According to Mining News Pro - The Department of Industry and Commerce of India has the power to extend the tariff to Rs 13,410, at $ 185.51 / t, and extend for 5 years, if necessary.
To control the market price inside India, this anti-dumping tariff is based on longitudinal sections and bars made of alloyed steel imported from China.

According to the Indian Trade and Commerce Bureau, imports of longitudinal bars and rods from China have grown over the past years and reached 56,609 tonnes in the fiscal year 2013-2014 to 201,959 tonnes in the fiscal year 2016-2017.


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