June 7, 2015 2:15 PM

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Anti-dumping duty on steel imports from China, 2 other nations<br/>

India has slapped anti-dumping duty on imports of certain steel products from three countries, including China. The Finance Ministry imposed the duty on the recommendation of Directorate General of Anti-Dumping Duty, DGAD. The duties have been imposed for five years on imports of certain variety.The move came to protect domestic producers from below-cost inbound shipments. DGAD, under the commerce ministry, had initiated and conducted investigation into causal links between dumping and injury to the domestic industry.

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