Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
The Directorate General of Trade Remedies (DGTR) has recommended a five-year anti-dumping duty on imports of cold-rolled, non-oriented electrical steel from China.
Investigations revealed that Chinese exporters were selling this grade of steel in India at prices below fair value, causing material injury to Indian producers. The DGTR has proposed duties of USD 223.82 per tonne on some exporters and USD 414.92 per tonne on others.
The recommendation has been sent to the Ministry of Finance, which will take the final decision on implementation. Officials emphasized that the measure is intended to ensure fair competition and protect domestic manufacturers, rather than restrict trade.
India has imposed similar duties on Chinese products in the past, amid a bilateral trade deficit of nearly USD 100 billion.
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