As per the new sources, “A government body has issued notices to China, Japan and South Korea proposing to initiate a probe on the ‘dumping’ of some steel products into India”

Directorate General of Anti-Dumping & Allied Duties (DGAD) said, “ The notices have been issued for hot-rolled coils of alloy and non-alloy steel, a source at the”

Indian steelmakers Steel Authority of India Ltd, JSW Steel Ltd and Essar Steel had contacted the DGAD seeking anti-dumping duties on low quality imports flooding local markets and pressuring limits.

According to the data by government, in just 11 months to February compared with the same the imports of steel into India hiked 20.5 %.

New Delhi last week extended safeguard import taxes on steel products until March 2018, and in February imposed a floor price to curb overseas purchases of cheap steel and shield domestic mills.