Tag: Domestic HRC

  • Minimum Import Price on Steel Soon- Sources

    Minimum Import Price on Steel Soon- Sources

    In order to protect domestic steel industry from increasing influx of cheap imports from China, Japan, and Korea, Indian government is likely to impose Minimum Import Price (MIP) on steel. As per the market sources, proposal for MIP on steel has been sent to PMO (Prime Ministers Office). Also yesterday, Commerce minister Ms. Nirmala Sitharaman…