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Indian government to announce minimum import price of steel against other countries-The 18th China(Guangzhou)Int’l&
nbsp;Metal &MetallurgyExhibition
3/24/2017 金属展-冶金展-钢铁展-steel expo-metal &metallurgy expo- |
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It is reported that Indian government has decided to announce a Minimum Import Price (MIP) for steel, in order to stop cheap imported steel from other countries
The countries included China, Ukraine and Korea have been dumping cheap steel into India. The steel prices gap are between 30% and 40% lower than Indian steel market price.
Meanwhile, the price of the imported finished product is also lower than the raw material price.
Indian new MIP policy will have a positive effect on the Indian steel industry and it will also to boost national economy.金属展-冶金展-2017广州巨浪国际金属暨冶金工业展览会-亚洲最大金属冶金展-巨浪展览-The 18th China(Guangzhou)Int’l Metal &MetallurgyExhibition
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