Government of India to impose temporary anti dumpling duty on some steel products
India government body has recommended provisional anti-dumpling duty on imports of hot-rolled steel products to reduce overseas purchases of the alloy and shield local mills.
India government recommended the duties on steel products from China,Japan,South Korea,Russia,Brazil and Indonesia to protect their local steel mills.
This policy makes importers of steel pipe ,pipe fittings in local india faces a hard situation of business. India steel price is quite high compare with China. To purchase from China, the importers have big margin leaves. Under such a policy,active business mans meet narrow chances to earn money.
Hope this temporary policy will not last for long and give local indian business man and abroad good relationship country chances to restart.
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