India in order to guard the domestic players from thecheap import of Chinese steel, may impose an anti-dumping duty of up to $185.51 per tonne for five years on certain varieties of the Chinese steel.

Five steel companies-JSW Steel Ltd, Sunflag Iron & Steel Co, Usha Martn, Gerdau Steel India, Vardhman Special Steels and Jayaswal Neco Industries Ltd had jointly filled application for initiation of the investigations and levying of the anti-dumping duties on the steel.

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