Aluminium producers in India are lobbying the government to double the import duty on aluminium metal as they compete with the growing influx of material from China.
A delegate of the Aluminium Association of India met the government recently to flag the issue of rising aluminium metal imports to the country and suggested a hike in import duty on these materials. The increase in aluminium exports from China has been one of the key themes in the aluminium market over the past year.
As a means to check the growing imports, the industry body has asked the government lift the import duty on aluminium metal to 10% from 5% now, a producer source said. A member of the Aluminium Association of India confirmed that a presentation was made to the government, adding that the government has not agreed on any measures yet.
Source:metalbulletin.com
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