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India imposes anti-dumping duties on some steel products
January 13, 2017 / 9:27 AM / 8 months ago

India imposes anti-dumping duties on some steel products

A worker stacks steel pipes in Ahmedabad November 4, 2014. REUTERS/Amit Dave/Files

NEW DELHI (Reuters) - India has imposed anti-dumping duties on colour-coated or pre-painted flat products of alloy or non-alloy steel imported into the country, a government notification said on Friday.

The government imposed the anti-dumping duty on products imported from China and European nations for a period not exceeding six months, the circular said.

The effective duty rate would be the difference between the official rate of $849 per tonne and the landed value of the product, provided the landed value is lesser than $849 per tonne, it said.

For the full circular, see: bit.ly/2jDsu0B

Reporting by Neha Dasgupta; Editing by Biju Dwarakanath

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