To protect domestic industries from cheap imports, the government on Tuesday again extended the minimum import price on 66 steel products for a period of two months. The 66 products include semi-finished products of iron or non-alloyed steel, flat-rolled products of different widths, bars and rods. To guard domestic steel producers against cheap in-bound shipments, the government in
February had imposed MIP on 173 steel products for a period of six months.
The government in August decided to extend the minimum import price on 66 steel products for a period of two months as against 173 items earlier.
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