Removal of steel raw materials import duty is good but new export duties pose threat, India trade group says

The Indian Steel Association (ISA) has welcomed the “removal of the import duty on coking coal and other input raw materials” for the steel industry, the association said on Monday May 23.

The Indian government has removed import duties of 5% on metallurgical coke, 2.5% on coking coal and 2.5% on ferro-nickel. The government also announced the imposition of a new 15%...

Published

Serife Durmus

May 23, 2022

13:02 GMT

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