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Promotion of Steel Sector

Dated:- 3-8-2015 - Some domestic Steel Manufacturers and other stake holders have represented against surge in imports of steel. The same has been examined by Government and the following steps taken:- (i) To ensure that only quality steel is imported, Government has notified Steel and Steel Product (Quality Control) Order dated 12.03.12 as last amended on 04.12.14. (ii) Imposed anti-dumping duty on hot rolled flat stainless steel imports from China, Malaysia and South Korea on 05.06.2015. (iii) .....

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Duty at the rate of 10% has been levied on iron ore containing less than 58% Fe content with effect from 30.04.2015. The details of the import of Steel in the Country is as follows:- IMPORT OF TOTAL FINISHED STEEL ('000 tonnes) COUNTRY 2012-13 2013-14 2014-15 April-June 2015-16* ARGENTINA 2.1 0.5 0.82 0 AUSTRALIA 8.4 5.1 8.28 1.09 BAHRAIN 7.0 0.8 0.22 0.02 BANGLADESH 0.0 0.0 0 0 BELGIUM 168.2 94.8 126.13 30.9 BRAZIL 144.3 70.0 128.87 1.26 CANADA 34.7 18.1 7.31 0.87 CHILE 0.1 0.1 0.02 0 CHIN .....

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