Non-ferrous metals industry seeks level playing field against Chinese imports

Priya sundarajan Updated - January 10, 2018 at 09:56 PM.

The non-ferrous metals industry is looking for a level-playing field against the surge in imports according to a study by Ernst & Young. The study notes that aluminium, copper, zinc, lead, tin and nickel industry players are suffering due to inverse duty structure as well as dumping of cheap subsidized goods from China.

The situation has been aggravated by India having the FTAs with ASEAN countries, which allows duty free imports of finished goods, an official statement added.

A government statement said, aluminium demand continued to remain strong following the steps taken by the government to boost the industrial production and infrastructure. The demand is also expected to rise following the focus on smart cities and improving prospects of business in construction industry.

Published on September 20, 2017 05:38