India: Govt Extends MIP on 66 Steel Products till Dec 4

Indian government has extended the minimum import price (MIP) on 66 steel products till December 4. The MIP ranges between $341-752 per tonne.

MIP was earlier levied in the month of February 2016, on 173 steel products for a duration of 5 months, which was later extended for 2 months (till Oct 4).

It was earlier speculated that government may not extend MIP on all products.

 Range Count HS Code Description MIP Current Status
1-15 15 7207 Semi-Finished Products of Iron or Non Alloy Steel Ingots/Billets – USD 362, Blooms – USD 352, Slabs USD 341 MIP Extended till 4th Dec
16-22 7 7224 Other Alloy Steed in Ingot or Other Primary Form, Semi Finished Products of Alloy Steel Ingots/Billets – USD 362, Blooms – USD 352, Slabs USD 341 MIP Extended till 4th Dec
23-84 62 7208 Flat Rolled Products of Iron or Non Alloy Steel of Width More than 600mm, Hot Rolled, Not Clad, Coated or Plated HR -USD 445, Plates – USD 500 Provisionsal anti dumping imposed. MIP does not exist
85-117 33 7209 Flat Rolled Products of Iron or Non Alloy Steel of Width More than 600mm, Cold Rolled or Cold Reduced, Not Clad, Coated or Plated CR – USD 560 Provisionsal anti dumping imposed. MIP does not exist
118-126 9 7210 Flat Rolled Products of Iron or Non Alloy Steel of Width More than 600mm, Clad, Coated or Plated HDG – 643, PPGI 752 MIP Extended till 4th Dec
127-140 14 7225 Flat Rolled Products of Other Alloy Steel of a Width 600mm or more HR -USD 445, Plates – USD 500, HDG – 643, PPGI 752 Provisional anti dumping imposed on most of the products. Rest are under investigation. MIP does not exist
141-151 11 7212 Flat Rolled Products of Iron or Non Alloy Steel, of a Width less than 600mm, Clad, Plated or Coated HDG – 643, PPGI 752 MIP Extended till 4th Dec
152-161 10 7213 Bars & Rods, Hot Rolled, in Irregularly Bound Coils of Iron or Non Alloy Steel Bars & Rods – USD 449-451 Govt proposes provisional anti dumping on most of the products
162-166 5 7214 Other Bars & Rods of Iron or Non Alloy Steel, Not Further Worked than Forged, Hot Rolled, Hot Drawn or Hot Extruded, But Including those Twisted after Rolling Bars & Rods – USD 449-451 MIP Extended till 4th Dec
167-173 7 7227 Bars & Rods, Hot Rolled, In Irregularly Wound Coils of Other Alloys Bars & Rods – USD 451-455 Govt proposes provisional anti dumping on most of the products

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *