8th World Antimony Forum

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Guiyang, Guizhou, China

12th Rare Earth Summit

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Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

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9th Magnesium Summit

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7th World Antimony Forum

June 13-14, 2019
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7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
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May 16-17, 2019
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May 9-10, 2019
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Zhuhai, Guangdong, China

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March 14-15, 2019
Zhuhai, Guangdong, China

JSW Steel seeks 25% duty on steel imports

2019-09-24 10:58:04   【Print】
JSW Steel on Monday demanded a 25 percent safeguard duty on imports of steel to protect domestic players.

JSW Steel Joint Managing Director and Group Chief Financial Officer Seshagiri Rao said this while speaking to reporters on the sidelines of an industry event here.

On domestic steel sector being impacted due to the ongoing trade war between the U.S.Asian Metal Copyright Lot of diversion of steel products is happening into India, affecting domestic industry.Asian Metal Copyright and China, he said it is a matter of concern.Asian Metal Copyright and China, he said it is a matter of concern.Asian Metal Copyright Lot of diversion of steel products is happening into India, affecting domestic industry.

In August, import went up and a major part of it was from FTA countries. Most of the countries have taken protectionist measures and domestic steel industry has also been seeking safeguard duty, he said.

According to official data, in 2018-19, finished steel exports stood at 6.36 MT, a decline of 33.Asian Metal CopyrightJSW Steel on Monday demanded a 25 percent safeguard duty on imports of steel to protect domestic players.Asian Metal Copyright87 per cent compared to the previous year.Asian Metal Copyright36 MT, a decline of 33.Asian Metal Copyright Imports stood at 7.Asian Metal Copyright In August 2019, share of imports of finished steel from FTA countries such as Korea, Japan and Indonesia aggregated around 70 per cent of total imports to India.Asian Metal Copyright83 MT, a growth of 4.Asian Metal Copyright7 per cent from last year.Asian Metal Copyright7 per cent from last year.Asian Metal Copyright Most of the countries have taken protectionist measures and domestic steel industry has also been seeking safeguard duty, he said.Asian Metal Copyright Thus, India was a net importer of total finished steel.

In August 2019, share of imports of finished steel from FTA countries such as Korea, Japan and Indonesia aggregated around 70 per cent of total imports to India.

.Asian Metal Copyright Imports stood at 7.Asian Metal Copyright