India imposes anti-dumping duties on stainless steel products imported from China and other countries

India's financial website reported on October 25 that India will impose anti-dumping duties on some stainless steel cold-rolled steel plates imported from China, the United States, South Korea and the European Union. To curb the import of low-priced products and protect local producers. This rule is valid until December 10, 2020.

It is the first time that the government of India imposed a tax on steel products last month, imposing 18.95% anti-dumping duties on some hot rolled and cold rolled stainless steel plates imported from China and European Union.