Industry News

India considering proposed CVD imposition on China’s flat-rolled stainless steel

Views : 62
Update time : 2023-06-19 16:50:35
Vivek Johri, Chairman of the Central Board of Indirect Taxes and Customs of India, said India’s Ministry of Finance is considering a proposal to continue to impose a five-year countervailing duty (CVD) at a rate of 18.95% on certain flat-rolled steel products from China.

The proposal was from the Directorate General of Trade Remedies (DGTR) and is still under review. The final determination hasn’t been made.

DGTR initiated a sunset review investigation on China’s imports of hot-rolled and cold-rolled stainless steel flat products, based on the application filed by Jindal Stainless and Jindal Stainless (Hisar).
Related News
Read More >>
Asia’s HRC prices rising slowly Asia’s HRC prices rising slowly
Jan .22.2025
Asia’s HRC prices rising slowly
China’s record high ferronickel imports not to impact stainless steel prices China’s record high ferronickel imports not to impact stainless steel prices
Jan .22.2025
China’s record high ferronickel imports not to impact stainless steel prices
European Commission supports transition of steel and coal industries European Commission supports transition of steel and coal industries
Jan .22.2025
European Commission supports transition of steel and coal industries
ArcelorMittal Kryvyi Rih faces challenges in 2024, including energy shortages and rising costs ArcelorMittal Kryvyi Rih faces challenges in 2024, including energy shortages and rising costs
Jan .22.2025
ArcelorMittal Kryvyi Rih faces challenges in 2024, including energy shortages and rising costs