India Imposes 5-Year Anti-Dumping Duty on Some Chinese Steel Imports

India imposed an anti-dumping duty on some Chinese steel for 5 years as per a government notification.
India was monitoring steel imports after the steel industry raised concerns over potential dumping by Chinese sellers.
From April to July, China was the 2nd biggest steel exporter to India after South Korea.
China exported 0.6 million metric tons of steel to India in Apr-Jul, up 62% vs last year.
India imported 2 million metric tons of finished steel in Apr-Jul, the highest since 2020 and up 23% year-over-year.

scmp.com

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Posted 9/11/2023, 9:56:09 PM