India lifts minimum price restriction on HRC, CRC, steel plate imports

India has lifted its minimum import price (MIP) for hot rolled coil (HRC), cold rolled coil (CRC) and steel plate, but any inward shipments are now likely to be subject to anti-dumping duties.


The MIP, which was imposed on 173 steel products on February 5, was due to lapse on Thursday August 4. It has now been extended for two months by India's Directorate General of Foreign Trade, on behalf of the Indian Ministry of Commerce, for 66 steel products and will continue to apply to...

Published

Suresh Nair

August 05, 2016

19:55 GMT

Mumbai