India on Monday imposed an anti-dumping responsibility on some Chinese language metal for 5 years, in response to a authorities notification.
On September 4, India’s metal secretary, Nagendra Nath Sinha, mentioned New Delhi was monitoring the metal imports scenario after the metal trade raised considerations over potential dumping by Chinese language sellers.
Throughout April-July, China was the second largest metal exporter to India, after South Korea, promoting 0.6 million metric tons, up 62% from the identical interval a 12 months earlier.
In all, India imported 2 million metric tons of completed metal within the interval, the very best since 2020 and up 23% from a 12 months earlier.
China, the world’s prime metal producer, exported principally cold-rolled coil or sheets to India.
On September 4, India’s metal secretary, Nagendra Nath Sinha, mentioned New Delhi was monitoring the metal imports scenario after the metal trade raised considerations over potential dumping by Chinese language sellers.
Throughout April-July, China was the second largest metal exporter to India, after South Korea, promoting 0.6 million metric tons, up 62% from the identical interval a 12 months earlier.
In all, India imported 2 million metric tons of completed metal within the interval, the very best since 2020 and up 23% from a 12 months earlier.
China, the world’s prime metal producer, exported principally cold-rolled coil or sheets to India.
