Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Government puts more steel grades under quality control order.


Date: 21-09-2016
Subject: Government puts more steel grades under quality control order
NEW DELHI: The steel ministry has brought more steel grades -- cold-reduced (CR) low carbon sheets and strips, hard-drawn wire and cold-rolled strips -- under the Quality Control (QC) order.

The move is expected to check the rampant import of cheap steel products into the country, especially from China, Japan and South Korea.

Under the Steel and Steel Products (Quality Control) (Second Amendment) Order, 2016, which amended the Steel and Steel Products (QC) Order, 2015, the Bureau of Indian Standards (BIS) has increased the grades of CR low-carbon, CR strips and hard-drawn steel wire, a fresh notification said.

This is the second amendment. The original notification, which was first published in December 2015, was earlier amended in March 2016.

Under the latest amendment, the ministry has included all grades of hard-drawn steel wire, certain grades of CR low carbon steel sheets and strips and those of CR steel strips.

To ensure only quality steel is produced or imported into the country, the government notified Steel and Steel Products (QC) Orders, 2012 in March 2012 and Steel and Steel Products (QC) Orders, 2015.

To check imports, India had slapped a minimum import price (MIP) on 173 steel grades in February this year, but shrank the list to 66 while extending the safeguard measures in August.

Now, it is bringing the steel products excluded from the MIP under the anti-dumping duty ambit.

The positive impact of various safeguard measures taken to check surge in imports is being reflected in in-bound shipments of the metal declining 34.5 per cent to 3.01 million tonnes (mt) in April-August of 2016-17 compared with the year-ago period.

Import in August fell 36 per cent to 0.62 mt over August 2015 and 2.2 per cent over July 2016.

Source : economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 28-04-2025
Notification No. 24/2025-Customs
Seeks to amend List 34A and 34B of the Notification No. 50/2017-Customs dated 30.06.2017

Date: 23-04-2025
Notification No. 28/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 17-04-2025
Notification No. 26/2025 – Customs (N.T.)
Amendment to Notification No. 77/2023-Customs (N.T.) dated 20.10.2023 - Revision of rate of duty drawback of Gold jewellery and silver jewellery/articles

Date: 15-04-2025
Notification No. 24/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 08-04-2025
Notification No. 23/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 04-04-2025
NOTIFICATION No. 23/2025-Customs
Seeks to amend entry 515C of notification 50/2017-Customs

Date: 28-03-2025
Notification No. 17/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 27-03-2025
NOTIFICATION No. 11/2025–Central Tax
Seeks to notify Central Goods and Services Tax (Second Amendment) Rules 2025

Date: 13-03-2025
Notification No. 13/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 13-03-2025
Notification No. 10/2025 – Central Tax
Seeks to amend notification No. 02/2017-Central Tax.



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001