ALSO READSouth Korea calls for wider trade deal ahead of Prabhu's Seoul visit Govt imposes anti-dumping duty on flat steel imports from China, EU Govt begins probe against China over dumping charges GST impact: Surge in gold imports from South Korea alarms govt Why India should rely on sea power to manage China's provocations
India imposed anti-dumping duty on some cold-rolled flat products of stainless steel from China, the United States, South Korea and the European Union, to curb the influx of cheaper imports and help local producers.
The duty, which will be in effect until Dec 10, 2020, exempts certain grades of stainless steel, an official notification said.
The government has allowed import of the product as long as the end use of the import is in the same form, it said.
Last month, the government imposed an additional 18.95 per cent countervailing duty on some hot-rolled and cold-rolled stainless steel flat products, a first such levy on a steel product.