Having hit by the imposition of Minimum Import Price (MIP) on steel, Punjab-based engineering industry, especially the Micro, Small and Medium Enterprises (MSMEs), have appealed to the Centre to roll back it or direct the Indian steel makers to reduce the price of raw material at December 2015 le…
Tag: Minimum Import Price
Too much safety to steel units killing SME users, engineering exporters | EEPC India
EEPC India, the apex organisation of engineering exporters who are also major users of steel, has described the extension of safeguard duty on steel as an anti-SME move that will further dent the country’s exports, already down in the dumps. ” We feel this is a completely discriminat…
MIP on steel to jolt engineering exports | EEPC India
Engineering Exports Promotion Council (EEPC) demands a mechanism to compensate increased raw material cost to engineering products exporters as a result of Minimum Import Price (MIP) levied to prevent cheap steel imports. “The introduction of the Minimum Import Price on steel products will raise…