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Panel of MPs say India's anti-dumping duty on Chinese steel needs a relook
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Panel of MPs say India's anti-dumping duty on Chinese steel needs a relook
Jul 26, 2018 9:33 AM

A key parliamentary panel on Thursday has suggested that government take a relook at the anti-dumping duty that they has imposed on steel imports from China.

The parliamentary standing committee on commerce feels that scheme has been ineffective in curbing imports of Chinese steel to India.

The panel today submitted a report on impact of Chinese imports on Indian economy and has maintained that as far as the steel sector is concerned, around 75-80 percent of Chinese steel products are covered by countries anti-dumping duties.

However, there was an increase of eight percent in import of these steel products and hence, there needs to be a relook at the Indian anti-dumping duties imposed on Chinese steel products, the report said.

First Published:Jul 26, 2018 6:33 PM IST

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