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HomeDiplomacyIndia imposes anti-dumping duty on some Chinese steel for 5 years

India imposes anti-dumping duty on some Chinese steel for 5 years

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India imposes anti-dumping duty on some Chinese steel for 5 years

From April to July, China was the second biggest steel exporter to India, after South Korea, selling 0.6 million metric tonsLast week India’s steel secretary said India was monitoring imports after the steel industry raised concerns over potential dumping by Chinese sellersChina-India relationsReutersPublished: 5:56am, 12 Sep, 2023Why you can trust SCMP

India on Monday imposed an anti-dumping duty on some Chinese steel for five years, according to a government notification.

On September 4, India’s steel secretary, Nagendra Nath Sinha, said New Delhi was monitoring the steel imports situation after the steel industry raised concerns over potential dumping by Chinese sellers.

From April to July, China was the second biggest steel exporter to India, after South Korea, selling 0.6 million metric tons, up 62 per cent from the same period a year earlier.

In all, India imported 2 million metric tons of finished steel in the period, the highest since 2020 and up 23 per cent from a year earlier.

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