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India cancels restraints on imports of seamless pipe products.


Date: 06-02-2009
Subject: India cancels restraints on imports of seamless pipe products
It is reported that Indian government, which had put into effect import restraints for seamless pipe products in order to prevent China & Ukraine from selling off their steel stockpiles, revoked this policy on January 16th due to the sluggish market.

However, this has elicited many complaints from India’s pipe manufacturers because the import volume may increase while the market nevertheless remains anemic.

Source : YIEH.com

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