Imports from China spook metal industry 

“The presence of China in RCEP is the biggest threat for Indian aluminium industry,” said the Aluminium Association of India (AAI) in a letter to the Ministry of Commerce and Industry. 

Published: 24th May 2019 04:09 AM  |   Last Updated: 24th May 2019 10:36 AM   |  A+A-

By Express News Service

NEW DELHI: Worried over the ‘alarming’ spike in Chinese imports, Indian copper, steel and aluminium associations have written to the commerce ministry requesting the exclusion of these two items from tariff reduction commitments in the ongoing Regional Comprehensive Economic Partnership (RCEP) negotiations. 

“The presence of China in RCEP is the biggest threat for Indian aluminium industry,” said the Aluminium Association of India (AAI) in a letter to the Ministry of Commerce and Industry. 

The industry has also cautioned that the US-China trade war has prompted a dumping of surplus aluminium exports into India, which is reflected in the 21 per cent increase in imports in the April-December period of FY19 over the same period of FY18.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp