India Imposes Anti-Dumping Duties on Chinese Steel Imports for 5 Years Amid Surge in Shipments
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India imposed anti-dumping duty on some Chinese steel products for 5 years.
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India is monitoring steel imports after the steel industry raised concerns over potential dumping by Chinese sellers.
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During April-July, China was the 2nd largest steel exporter to India after South Korea.
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India imported 2 million metric tons of finished steel during April-July, the highest since 2020.
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China exported mostly cold-rolled coil or sheets to India.