May24 , 2026

    India should double customs duty on steel to check imports, says CEO of ArcelorMittal’s India JV

    Related

    GCCI Urges Rail Infra Expansion During WR GM’s Kutch Visit

    The Gandhidham Chamber of Commerce & Industry felicitated Ramashray...

    Diesel Shortage Disrupts Transport, Industrial Operations Across Kutch

    A severe diesel supply shortage in Kutch, triggered amid...

    Chennai, Kamarajar Ports Showcase Strong Performance at Annual Press Meet 2025-26

    Chennai Port Authority and Kamarajar Port Limited jointly organised...

    Green Tug Transition Program Hits Speed Bump as Port Tender Awards Face Delays

    The rollout of India’s ambitious Green Tug Transition Program...

    Authorities Roll Out Measures to Reduce Delays in Gulf Cargo Shipments

    Authorities and shipping stakeholders have announced a series of...

    Share

    India should double the customs duty on steel to check imports as the country faces dumping of steel and predatory pricing, ArcelorMittal Nippon Steel India’s CEO Dilip Oommen said on Tuesday.

    India’s finished steel imports from China hit a seven-year high during the first five months of the 2024/25 financial year.

    “The basic customs duty should be doubled to 15% from 7.5% currently,” Oommen said at the FT Live Energy Transition Summit India.
    spot_img