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ISSDA hails duty on flat steel imports from China-The 19th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
9/13/2017 不銹鋼展-不銹鋼展會-效果最好的不銹鋼展會- Stainless Steel Exhibition |
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PTI reported that India’s apex stainless steel industry body Indian Stainless Steel Development Association has welcomed Finance Ministry’s decision to impose countervailing duty (CVD) on imports of certain flat steel products from China saying that it will not only help domestic players to recover the losses but also create jobs.
ISSDA president Mr KK Pahuja said “Due to the subsidised imports from China, the domestic players were facing huge losses. Some even had to shut down their business. This would be a big relief to the domestic players as the subsidised imports from China had distorted the stainless steel market. The situation had reached a pinnacle wherein they were constantly reducing prices in order to maintain the market share and as a result industry was incurring huge financial losses.”
Mr Pahuja added that the CVD investigation was initiated on April 12, 2016 by the DGAD in response to a surge in subsidised imports of stainless steel flat products from China.
Jindal Stainless Ltd and Jindal Stainless (Hisar) Ltd on behalf of the domestic industry had filed the petition for initiation of anti-subsidy/countervailing duty investigation concerning imports of flat rolled products of stainless steel from China.
-The 19th China(Guangzhou)Int''l Stainless Steel Industry Exhibition
- Stainless Steel exhibition,2018
Stainless Steel exhibition, China
Stainless Steel exhibition, Guangzhou Stainless Steel expo
Guangzhou
Stainless Steel exhibition, 2018 Stainless Steel expo,
China Stainless Steel expo
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