• <fieldset id="a0qyg"><input id="a0qyg"></input></fieldset>
    <strike id="a0qyg"><input id="a0qyg"></input></strike>
  • <ul id="a0qyg"></ul>
  • En20120724001.jpg
    About us Advertisement service Contact us Into the Chinese
    Home Macro-economy Steel News Raw Material Equipment & Technology Steel End-users Products
    Steel News Daily
    Steel News
    India Steel Ministry Seeks Abolition of Met Coal Import Tax
      Release time: 2018/01/19 16:58:00  Author: 

    India’s steel ministry is seeking to remove import tax on coking coal to soften the impact of rising costs on users of the key steel-making fuel and promote production of the alloy that’s crucial for Prime Minister Narendra Modi’s plan to boost domestic manufacturing.
    The ministry has written to the finance department to consider its request in the federal budget on Feb. 1, federal steel secretary Aruna Sharma said in an interview in New Delhi. Her department has also proposed removing taxes on ferro-chrome and ferro-nickel, ingredients used in making stainless steel.

    Benchmark prices of premium coking coal have risen 34 percent over the past year, after cyclone Debbie affected supplies from Australia, the biggest shipper of the commodity. Prices have remained high and may spike again if forecasts of another similar weather disruption come true, according to consultants Wood Mackenzie Ltd. and CRU Group.

     

    “Doing away with the import duties will provide steelmakers some support if prices continue to rise,” said Abhisar Jain, an analyst at Centrum Broking Pvt. in Mumbai. “So far the steelmakers have protected themselves by passing on the increase in raw material costs, but that becomes increasingly difficult as costs go up.”

    Indian steel producers, including state-run Steel Authority of India Ltd. and JSW Steel Ltd., rely on imports, mostly from Australia, for supplies of met coal.

    Basic customs duty on coking coal is 2.5 percent, according to JSW Steel’s Joint Managing Director Seshagiri Rao.

    To share the micro-blog:
    vanitec.jpg
     
    NO.26 Building, An zhenli 3th Area, Chao Yang District, Beijing. Postcode: 100029
    Tel: 86-10-64441860 Fax: 86-10-64410636 Email: csteelnews@126.com
    www.csteelnews.com. All Rights Reserved.
     
    主站蜘蛛池模板: 国产精品日本一区二区在线播放| 国产一区二区精品| 国产日韩精品中文字无码| 国产精品丝袜久久久久久不卡| 精品国产一区AV天美传媒| 午夜精品久久久久久| 99精品国产福利在线观看| 国产精品视频二区不卡| 麻豆国产高清精品国在线| 日韩精品成人一区二区三区| 久久99精品久久久久久动态图| 亚洲精品成人区在线观看| 99久久婷婷国产综合精品草原 | 精品国产不卡一区二区三区 | 国产精品夜色视频一级区| 国产午夜福利精品一区二区三区| 亚洲av午夜国产精品无码中文字| 国产精品电影在线| 91探花国产综合在线精品| 99国产精品永久免费视频| 乱色精品无码一区二区国产盗| 亚洲精品成人区在线观看| 免费国产在线精品一区| 国产成人精品高清不卡在线| 国内精品在线视频| 97久久超碰国产精品旧版 | 欧美精品福利视频一区二区三区久久久精品| 久久福利青草精品资源站免费| 国产精品亚韩精品无码a在线 | 欧洲精品99毛片免费高清观看 | 久久久久久无码国产精品中文字幕 | 欧美精品人爱a欧美精品| AAA级久久久精品无码区| 久久国产精品成人免费| 99久久人妻无码精品系列| 久久综合精品国产二区无码| 一本一本久久A久久综合精品| 亚洲精品无码专区在线播放| 综合久久精品色| 亚洲精品蜜桃久久久久久| 亚洲码国产精品高潮在线|