India has slapped anti-dumping duty on certain cold-rolled flat steel products from four nations including China and South Korea to guard domestic industry from cheap imports.
An anti-dumping duty of the difference between the landed value of the steel products and US $594 per tonne will be levied, a Finance Ministry notification said.
The government had previously imposed anti-dumping duty on import of hot-rolled flat products of alloy or non-alloy steel from China, Japan, Korea, Russia, Brazil and Indonesia. That duty, valid for six months, was the difference between the landed value and the respective prescribed value which is US $474 per …read more
Source: Daily News & Analysis
