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Govt imposes anti-dumping duty on cold-rolled steel products

The move comes after a 20% import tax failed to contain cheaper imports

A worker wields a commercial heater in Ahmedabad

A worker wields a commercial heater in Ahmedabad

Reuters

The government has imposed anti-dumping duty on cold-rolled flat products of stainless steel from countries including China, Korea, European Union, South Africa, Thailand and the United States for five years, a government notification said on Friday.

The move comes after a 20 percent import tax failed to contain cheaper imports leading to losses for producers such as Steel Authority of India.

Details awaited...

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First Published: Dec 11 2015 | 4:42 PM IST

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