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Indian Steel Industry Tax On Imported Duplex Pipes Will Hit Kaysuns


Indian steel industry wants government to impose 25% tariff on all imported duplex pipes

According to reports, the Indian steel industry hopes to impose a 25% security tariff on all imported steel, as the number of countries that have signed free trade agreements with India has increased significantly.

Kaysuns is a Chinese stainless steel pipe export enterprise. Its main products are: stainless steel seamless pipe, stainless steel welded pipe, duplex pipe, and related pipe fittings and components.

Seshagiri Rao, managing director and group chief financial officer of India JSW Group, said that India's imports from the FTA partners increased by 77% in the current fiscal year.

He reiterated the long-standing demand of the steel industry to not include steel in the Regional Comprehensive Economic Partnership (RCEP).



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