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India may fix floor price or hike duty to curb aluminium imports
October 4, 2016 / 6:01 AM / a year ago

India may fix floor price or hike duty to curb aluminium imports

NEW DELHI, Oct 4 (Reuters) - India may impose a floor price or raise tax on imports of aluminium to protect the local industry from overseas supplies to the South Asian nation, Mines Secretary Balwinder Kumar said on Tuesday.

He also said the government may ask Hindustan Zinc Ltd to either buy back shares or give a higher dividend. (Reporting by Nidhi Verma; Editing by Biju Dwarakanath)

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