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India extends AD duty on certain Chinese steel imports by five years

Thursday, 23 February 2017 10:30:07 (GMT+3)   |   Shanghai
       
According to China’s Ministry of Commerce (MOC), India has extended antidumping (AD) duty on imports of certain steel products from China by five years, in a bid to retain protectionist barriers and stem the tide of cheap foreign products.

The long-term measure, on the import of seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel, stands effective as of May 17 last year when the Indian government imposed provisional antidumping duties on the products in question.
 
Indian steelmakers such as JSW Steel, Tata Steel, and Steel Authority of India (SAIL) have lobbied for more measures to protect them from cheaper imports from China, Japan and South Korea.

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