New Delhi - Union Steel Minister H D Kumaraswamy on Wednesday, September 4, announced his intention to push for an increase in import duties on steel to counter the dumping of cheap steel from China. Speaking at the Fifth Steel Conclave organised by the Indian Steel Association, Kumaraswamy said he would engage with the finance ministry to raise import duties from the current 7.5% to 10-12%.

Expressing concern over the impact of Chinese steel imports, the minister noted that several industry players have recently approached him to discuss the challenges posed by the influx . . .