The government has extended anti-dumping duty on a certain variety of steel products till December 4 this year with a view to guard domestic manufacturers from cheap imports coming from China, Malaysia and Korea.
The duty on imports of 'hot-rolled flat products of stainless steel 304 series' from the said countries was first imposed by the finance ministry on June 5, 2015, for five years. The duty was imposed in the range of USD 180-316 per tonne.
"The anti-dumping duty imposed...shall remain in force up to and inclusive of December 4, 2020, unless revoked, superseded or amended earlier," Department of