India to raise import tax on steel to counter China threat

(Reuters) – India will raise the import duty on steel by 5 percentage points from April 1, Finance Minister Arun Jaitley said on Saturday, to stem a flow of cheap supplies from China and Russia.

Read Full at http://in.reuters.com/article/2015/02/28/india-steel-budget-idINKBN0LW0A520150228

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