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IMCOM calls for 20% import duty on Met Coke

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BS Reporter Ahmedabad
In the wake of increased dumping of metallurgical coke by China, the Indian Met Coke Manufacturers Association (IMCOM) has appealed the Centre to raise import duty on met coke to at least 20 per cent. Currently, the import duty on Met Coke, a key raw material for production of steel, stands at 2.5 per cent.

According to Arun Kumar Jagatramka, honorary secretary, IMCOM, the met coke industry is currently faced with dumping by China. Recounting 1997-98 situation Jagatramka also stated that indiscriminate dumping by China had led to a situation then, which threatened the existence of the met coke industry in India. "Now, China has started dumping again," he said while adding that Chinese coke is flooding Indian market.

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First Published: Dec 02 2014 | 8:55 PM IST

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