Primary aluminium players seek import duty hike on premium products to 10%

Hindalco Industries and Anil Agarwal-led Vedanta Limited are private aluminium producers in the domestic market.

In a bid to discourage cheap imports into the country, the ministry of mines has made written recommendations to the ministry of finance for raising import duty on primary aluminium products to 10 per cent, industry sources said on Friday.

Currently, primary aluminium products, such ingots and billets, carry an import duty of 7.5 per cent.

“Earlier this week, private players of the domestic aluminium industry have approached the finance ministry for an import duty hike via the ministry of mines,” sources close to the development told Business Standard.

Hindalco Industries and Anil Agarwal-led Vedanta Limited are private aluminium producers in the domestic