Sunday, December 07, 2025 | 06:01 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

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

The anti-dumping duty will be imposed to reduce overseas purchases of the alloy and shield local mills

Anti-dumping duty, Steel

Workers cut steel rods of a damaged construction metro pillar after it collapsed in Ahmedabad, India. Photo: Reuters

Reuters 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 the duties on steel products from China, Japan, South Korea, Russia, Brazil and Indonesia, the statement said.

Indian steelmakers such as the Steel Authority of India , JSW Steel and Tata Steel had lobbied for protectionist measures to prevent cheap overseas purchases that were undercutting local mills and squeezing margins.

 

 

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 02 2016 | 3:58 PM IST

Explore News