India considering minimum import price on aluminium, govt official says

NEW DELHI (Reuters) - India is considering imposing a minimum import price on aluminium, the top bureaucrat in the ministry of mines said on Friday.
"MIP (Minimum Import Price) on aluminium is under consideration. We will take a week to send our recommendation forward," the mines secretary Balvinder Kumar told Reuters.
Last month, a government body decided against imposing safeguards on some aluminium products citing lack of evidence over imports hurting profitability of domestic industry.
(Reporting by Neha Dasgupta; Writing by Tommy Wilkes; Editing by Malini Menon)
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First Published: Jan 13 2017 | 11:03 AM IST
