India imposes anti-dumping duties on some steel products
India has imposed anti-dumping duties on colour-coated or pre-painted flat products of alloy or non-alloy steel imported into the country, a government notification said on Friday.
ALSO READ: India to impose temporary anti-dumping duty on some steel products
The government imposed the anti-dumping duty on products imported from China and European nations for a period not exceeding six months, the circular said.
The effective duty rate would be the difference between the official rate of $849 per tonne and the landed value of the product, provided the landed value is lesser than $849 per tonne, it said.
ALSO READ: Dumping, predatory pricing to blame for downturn in industry: Steel Minister
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03:19 PM IST