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NEW DELHI, April 1 Asia Pulse - Unfazed by a World Bank report highlighting India as the most active nation in anti-dumping measures, the Commerce Ministry has recommended levying such a duty on import of stainless steel from China, the European Union and six other countries.
Acting on a petition by Jindal Stainless Ltd, the pre-dominant domestic producer of stainless steel, the Directorate General of Anti-dumping and Allied Duties has recommended a maximum levy of US$1,823 per tonne on import of cold-rolled flat stainless product from China, officials said.
The level of such duty on the product, mainly used by the automotive industry, varies from country-to-country and the imports from China would be subjected to a maximum level, once ...