India—–Hike in Import Duty Sought to Check Flow of Cheap Steel Products – Fastener World Inc. (Fastener Magazine)

Article by · 2015/08/05 ·

Hit by flooding of cheap products from China, Korea and CIS nations, the domestic steel industry has upped the ante for another dose of increase in import duty.

 

Buckling under pressure from Indian manufactures to safeguard their interest, the Centre sometime ago enhanced the import duty on stainless steel mainly used for automobile and white goods from 7.5 to 10 per cent

 

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