Documents show: The Indian Ministry of Steel has requested the Ministry of Finance to cancel the import tariffs on low ash metallurgical coke.
A government document shows that due to insufficient domestic supply and rising prices, the Indian Ministry of Steel has applied to the Ministry of Finance to revoke the anti-dumping duty on low ash metallurgical coke imports. India is the world's second largest crude steel producer, and the country imposed a temporary anti-dumping duty on low ash metallurgical coke imports for six months in December last year. Industry insiders say that India's metallurgical coke is mainly imported from China, Indonesia, Poland, Japan, and Switzerland, and imports have plummeted significantly after the tax was imposed. In an internal circular on May 18, the Ministry of Steel stated that after imposing the anti-dumping duty, there is a shortage of domestic metallurgical coke supply, and prices have risen significantly, putting heavy cost pressure on steel companies. Media inquiries to the two ministries have not yet received a response.
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