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Indian government plans to impose extra duty against steel imports-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition
8/21/2019 紧固件展-紧固件采购会-国际紧固件展-fastener expo |
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The Indian government mentioned that the extra protective duty agreement against imported steel was almost in the final procedure.
India mills were working on 25% extra duty against oversea imported steel. At the same time, Indian mills also worried about there will be a good quantity coming into Indian market because the India government signed the FTAs agreement with Japan and South Korea without basic tariffs.
The statistics from India steel minister showed that the finish steel product delivery quantity from South Korea, Japan and Indonesia accounted for 54% of Indian total import amount in July 2019, totaling around 7.7 million tons.
The domestic steel demand in India was weak since the whole nation''s economy was slowing down, especially the real estate and auto industry. The two industries were the key to push steel consumption increasing.
紧固件展-2020第二十一届广州国际紧固件及设备展览会-巨浪展览
-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition
- Fastener exhibition,2020 Fastener exhibition, China Fastener exhibition, Guangzhou Fastener exhibition, 2020 Fastener expo, China Fastener expo, Guangzhou Fastener expo
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