SHANGHAI, Aug. 4 (SMM) - China’s Ministry of Commerce said on its website India decided anti-dumping tax on hot-rolled plate/coil imported from China.
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The country believes China has dumped hot-rolled products to the country and hurt its domestic industries. It levies anti-dumping tax based on the spread between CIF price and the floor price set for such products.
Floor prices for hot-rolled coil were set at $474 per tonne, with $557 per tonne for hot-rolled plate.
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