Global Steel pushes tariff hike

But galvanizers who use flat steel as raw material for galvanized iron (GI) sheets and other finished goods opposed the move, saying they preferred to import rather than rely on Global Steel’s supply.

Global Steel is asking for the tariff on hot- and cold-rolled coils (CRC) to be raised to 15% from the current 7%, GSPI Vice-President for corporate communications Sangram Mohanty said in an interview yesterday.

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