India - Latest news GMK Center

New tariffs (with certain exceptions) will take effect on August 7, with rates reduced for most countries compared to April

The partners plan to increase the capacity of two plants to meet growing demand for electrical steel

39 producers have already applied for the relevant certificates

The country's exporters will face an additional tax burden of 20-35% on supplies to Europe

A significant portion will be allocated to the expansion of the steel plant in Dolvi

India's steel production growth rate has surpassed China and the global market

The country has informed the WTO that it reserves the right to adjust goods and tariff rates

The plant will produce steel products with special coatings

Some traders may have claimed tax credits without any actual movement of raw materials

The country's government began the transformation by establishing a legal and regulatory framework

The parties already have examples of industrial cooperation

Indian exports of rolled steel fell by 18.1% y-o-y during the same period