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All imports will soon be looking at anti-dumping duty:Steel Secy

The government on Thursday extended the minimum import price (MIP) only on 66 steel products till October 4. The earlier MIP, which was on 173 products, ended on August 5. The MIP is on imports from 6 countries namely Japan, Korea, Russia, Indonesia, China and Brazil and will protect the industry against cheap imports. Of …

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Minimum import price extended on 66 steel products till Oct 4

NEW DELHI, AUG 4: The Directorate General of Foreign Trade has extended the minimum import price (MIP) on 66 steel products till October 4. The MIP ranges between $341-752 per tonne. MIP was earlier levied on 173 steel products for a duration of 5 months. According to a steel ministry official, the extension of the …

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EU Slaps Anti-Dumping Tariffs on Some Chinese, Russian Steel Imports

BRUSSELS—The European Union on Thursday imposed anti-dumping tariffs on some Chinese and Russian steel imports for the next five years in a fresh effort to protect domestic manufacturers struggling with overcapacity. The duties, which range from 19.7% to 22.1% for Chinese companies and from 18.7% to 36.1% for Russian producers, apply to so-called cold-rolled steel, …

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Govt to levy anti-dumping tax on some cold-rolled steel products

An Indian government body has recommended provisionalanti-dumping duty on imports of cold-rolled steel products, a government statement said on Thursday, to protect domestic mills. The Directorate General of Anti Dumping recommended atax of up to $594 a tonne on steel products from China, Japan, South Korea and Ukraine, the statement said. Indian steelmakers such as …

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Stocks to Watch: HCL Tech, Infosys, Tata Steel and More

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty performance in India, declined 0.3 percent to 8,635. Here are all the stocks to watch today Metal stocks: India to impose temporary anti-dumping duty on some steel products Ambuja Cement: Gets 82,300 tonne coal linkage from Gevra Siding, 16,500 tonne from Kusmunda & …

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India’s anti-China steel tariffs bite engineering, manufacturing firms

Indian manufacturers of finished steel goods are urging New Delhi to end tariffs on cheap imports of the alloy from China, Japan and South Korea, worried the protectionist measures may cost them billions in lost overseas sales. India put the tariffs in place in February to ensure a minimum import price (MIP) for 173 steel …

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Govt to impose temporary anti-dumping duty on some steel products

New Delhi: An Indian government body has recommended provisional anti-dumping duty on imports of hot-rolled steel products, a government statement said on Tuesday, to reduce overseas purchases of the alloy and shield local mills. The anti-dumping duty will come into effect after New Delhi formally notifies the tax. The Directorate General of Anti Dumping recommended …

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Steel cos on tenterhooks as MIP comes for review on Aug 5

MUMBAI, AUGUST 1: Steel companies are on tenterhooks as the government is set to review impact of minimum import price and decide on its extension beyond August 5, even as small value added steel product manufacturers have called for its withdrawal amid falling exports. Last February, the protectionist measure for the steel industry was introduced …

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