Ispat Industries is planning to move the Calcutta High Court later this week against the Central government's decision to reduce the floor price on import of hot-rolled coils (HRC) by $48 per tonne to $254 per tonne.
A top Ispat executive said the company will be seeking a reversal of the government decision.
The company had earlier moved court asking the government not to reduce the prevalent floor price of $302 per tonne and that the Centre should also go into the merits of the ant