Centre deferred for the fourth time retaliatory action against higher import tariffs imposed by the US on steel and aluminium
Symbol: ALUMINIUM| Contract: Feb, 2019| Category: Metal
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Aluminium's Latest News
Delhi decided in June to raise the import tax from August 4 on some US products, including almonds, walnuts and apples.
India said it regarded the US tariffs as "safeguards" under the WTO rules.
US President Donald Trump slapped import tariffs of 25% on steel and 10% on aluminium in March.
While the aluminium major required at least 17,500 MT of coal everyday, it is getting only 13,000 MT from Bharatpur mines of Mahanadi Coalfields Ltd.
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