The Indian government will soon impose tariffs on China's stainless steel

Comprehensive foreign media news on June 5, sources said that the Indian government may soon impose tariffs on imported stainless steel tablets.

They said that the Director -General of the Trade Relief (DGTR) has submitted a suggestion to see a 19%counter -subsidy tax on all imported stainless steel flat products, and the latter is expected to make a final decision and issue a formal notice.

The import of stainless steel flat products has been imposed by 19%of tariffs, but this was revoked in the national budget from 2021-2022.

Last month, the Indian Iron and Steel Administration Co., Ltd. and Jintalai Stainless Steel Co., Ltd. fought to the Indian government. Essence

Two domestic manufacturers pointed out that such as Brazil, Malaysia, Mexico, South Korea, Taiwan, Thailand, the United States, Vietnam, and EU countries have imposed tariffs on stainless steel plates imported from China. Some of them have taken effect since 2013. Taxes should also be restored to ensure the fair competition environment of domestic manufacturers.