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