sexta-feira, 8 de janeiro de 2016

INDIA WILL NOT RUSH INTO FIXING IMPORT PRICE FOR STEEL PRODUCTS

The government of India will not rush into fixing a minimum import price (MIP) for certain steel products, Commerce and Industry Minister Nirmala Sitharaman today said. 

The ministry has deliberated on the issue, along with the steel and finance ministries. 
"We have done a fairly good amount of groundwork on it, but it's not just one item, one HS code which is affected. There are several of them which will be impacted and therefore, any talk of MIP will not have to be restricted to one or two lines (products) but may be several. But at this stage, we are not rushing into it," she told reporters here. 

The domestic steel industry is mainly worried about cheap imports from China. 




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