Tag: India Stainless Steel Import
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Indian Stainless Steel Import Falls in 2017 but Import Duty on its Key Raw Materials Still a Concern
Just like domestic carbon steel sector, Indian stainless steel industry has also been reeling under pressure of cheap imports especially from China, Japan, and South Korea. According to JPC data, India’s stainless steel imports over the past two years 2015 and 2016 were recorded at 0.52 MnT and 0.58 MnT respectively. Subsequently, in a bid…