Odisha requests to re-impose AD & CVD on stainless steel imports
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Update time : 2021-04-29 19:33:12
Indian Odisha Minister Dibya Shankar Mishra has requested the union finance minister to continue to impose the anti-dumping (AD) duty and countervailing duty (CVD) on stainless steel imports in order to protect steel manufacturing in Odisha.
The AD and CVD were decided to be lifted on the Union Budget of India for 2021-22 approved by the Indian Parliament.
Odisha is one of the main steelmaking provinces in India. It was claimed that dumping products from China and Indonesia worsened the local stainless steel industry.
