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India will impose safeguards tax on imported hot-rolled coil until 2018- THE 17th Guangzhou International Platemetal, bar, wire, metal processing & setting equipment exhibition
3/23/2016  platmetal,bar,wire, & setting equipment expo
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    According to India''s ministry of Finance announced the anti-dumping investigation result on alloy hot rolled plate and alloy steel coil with above or equal 600mm wide.

According to the survey, those products imports increased significantly. In order to prevent India''s domestic industry losses in 2015-2016. The ministry of finance advice to impose 20% safeguard tax measures on specified products from September 14, 2015 to September 13, 2016 in the first year. 

Meanwhile, impose 18% in the first half of next year and impose 15% in the second half of the year. The third year has suggested to impose 10% of anti-dumping duties from September 14, 2017, to March 13, 2018.
- THE 17th Guangzhou International Platemetal, bar, wire, metal processing & setting equipment exhibition 
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