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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 金屬展-冶金展-鋼鐵展-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.金屬展-冶金展-2017廣州巨浪國際金屬暨冶金工業展覽會-亞洲最大金屬冶金展-巨浪展覽-The 18th China(Guangzhou)Int’l Metal &MetallurgyExhibition
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