Chromeni Steel welcomes rollback of anti-dumping, CVD on steel imports

Chromeni Steels Pvt Ltd — a Chinese joint-venture of Gujarat’s four business groups — welcomed the Budget proposals to rollback anti-dumping, and countervailing duties on imports of stainless steel products.

Based in China’s Zhejiang province, Tsingshan Industries had formed a JV with a group of business houses from Gujarat including Sunrise Group, Suncity Group, JP Iscon Group and VD Group to set up a cold rolled coils plant at Mundra in Gujarat.