India To Impose 20 Percent Tax on Chinese Hot-Rolled Flat Steel Imports

Bloomberg reported that India has imposed a 20 percent tax on Chinese hot-rolled flat steel in an effort to support local producers.

As quoted in the market report:

The duty on hot-rolled flat products of stainless steel will last for 200 days, the customs department said in a Jan. 4 notification posted today on its website. The taxes will also apply to steel products having a minimum nickel content of 6 percent and those containing chromium, with or without the presence of other elements such as molybdenum and titanium, the notice said.

To view the whole Bloomberg report, click here.

Get the Latest Chromium Investing Stock Information

Get the latest information about companies associated with Chromium Investing delivered directly to your inbox.

Molybdenum
Vanadium

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Is-Gold-a-Good-Investment-Gold-Price-Forecast-2015There is no guide to gold that is more concise, clear and authoritative. Download our FREE Special Report, Is Gold a Good Investment? Gold Price Forecast 2015.
Comments

Leave a Reply