Minimum import price News
Government has set minimum floor price on pepper import at Rs 500 per kg.
Asserting that the steel sector has started "stabilising", Steel Minister Chaudhary Birendra Singh on Sunday said the industry must gear up to face global competition as protectionist measures like minimum import price (MIP) and anti-dumping can not continue indefinitely.
New Delhi:Government is unlikely to further extend the minimum import price (MIP) on certain steel products beyond October 4 as these items could be covered under anti-dumping duty, an official today said.
The government's move to impose MIP comes even as it is considering safeguard duty on certain steel imports.
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