Imposition of additional duty on steel imports to hit exports by MSMEs: Exporters

Quick Summary:

The Federation of Indian Export Organisations emphasizes the risk to value-added steel product exports.

Delays in customs clearance are also disrupting production and harming India's global reputation.

Hand Tool Association Chairman S C Ralhan said that the MSME engineering exporters are already facing problems on the liquidity front and high prices of steel in the domestic market.

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Article Details

Author / Journalist: PTI

Category: Business

Markets: IndiaChinaJapan

Topics: Domestic steel prices MSME exporters Msme Safeguard duty Steel imports

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 15:40:13 (1 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1014 words

Reading Time: 6 minutes read

Sentences: 29 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 24090167

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 3 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 16 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #84

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