Industry News

Aluminium Association of India seeks 15% import duty to counter dumping

Views : 133
Update time : 2025-10-29 16:15:38
The Aluminium Association of India has requested the government to impose a 15% basic customs duty on all aluminum products to protect domestic manufacturers from surging, low-quality imports.

In a letter to the Department for Promotion of Industry and Internal Trade (DPIIT) and the Ministry of Finance, the association warned that India risks becoming a dumping ground for global aluminum surplus, predicting imports could meet 54% of domestic demand by the fiscal year 2026 without intervention.

The Aluminium Association of India also called for strict, global-standard quality controls on imported scrap, noting that cheap, potentially hazardous scrap, primarily from the US and the EU, is a growing concern.

The association expects these proposed measures could attract more than Rs 2 lakh crore in new investments in the near future and up to Rs 20 lakh crore by 2047.
Related News
Read More >>
LME nickel prices hit monthly high near $17,700/ton LME nickel prices hit monthly high near $17,700/ton
Mar .13.2026
LME nickel prices hit monthly high near $17,700/ton
LME’s nickel prices gain as Indonesia plant suspensions & declining LME stocks tighten supply LME’s nickel prices gain as Indonesia plant suspensions & declining LME stocks tighten supply
Mar .13.2026
LME’s nickel prices gain as Indonesia plant suspensions & declining LME stocks tighten supply
Nippon Steel raises stainless steel prices for Mar Nippon Steel raises stainless steel prices for Mar
Mar .13.2026
Nippon Steel raises stainless steel prices for Mar
Nippon Steel increases domestic prices for stainless steel sections and steel sheets Nippon Steel increases domestic prices for stainless steel sections and steel sheets
Mar .13.2026
Nippon Steel increases domestic prices for stainless steel sections and steel sheets