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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 importe .....

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Raised the basic Customs Duty on various categories of steel vide Notification No.39 dated 16.06.2015. (iv) Notified Coal Mines (Special Provisions) Amendment Act, 2015 on 30.03.2015 and auctioned Coal Mines. (v) Notified Mines and Minerals (Develop .....

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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 2 .....

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A 1688.2 1088.4 3600.42 723.16 DENMARK 3.5 1.0 4.78 1.02 DJIBOUTI 0.1 0.0 0 0.62 EGYPT 0.0 0.0 0 0 FINLAND 12.4 13.8 11.8 3.8 FRANCE 126.7 36.5 155.84 24.86 GERMANY 569.5 186.0 149.03 89.07 GHANA 0.0 0.0 0 0 HONGKONG 3.2 0.4 1.5 0.23 INDONESIA 5.5 2. .....

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