MSMEs using thin steel coils hit hard by 20% safeguard duty

20 per cent safeguard duty on steel imposed by the central government for nearly 500 small and medium Intrpraiejej (MSMEs) have been affected. Industry body Federation of Indian Industries, said that nearly 500 small and medium companies use steel coils are in your Products. Federation of Industries of India general secretary HL Bhardwaj safeguard duty on steel imposed by the government will have an impact on industry.

 

He MSME industry that will have the effect of safeguard duty coil (2 mm Thyknes) are imported. It is not appropriately supplied by domestic steel producers. About Nijon tube Ltd. Chairman ML Beswal Director General said we safeguard 20 per cent safeguard duty on steel imposed by the surprised. Because, two days before its implementation by issuing a notice of its opinion was sought on those who use it.

 

Oct 27, 2015

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