Moneycontrol
Dec 02, 2016 11:41 AM IST | Source: CNBC-TV18

Minimum import prices always been a temporary tool: Tata Steel

TV Narendran says the steel industry as a whole has done well in the last year. The government has helped the industry to deal with anti-dumping duties, but the imposition of minimum import prices has always been a temporary measure.

The impact of demonetisation is temporary and the economy will soon bounce back, says TV Narendran, the Managing Director of Tata Steel on the sidelines of the 'Make in Odisha' conclave.

He hopes the GST Bill passes through swiftly. Its passage will bring efficiency into the company's supply chain.

Narendran says the steel industry as a whole has done well in the last year. The government has helped the industry through implementation of anti-dumping duties, but the imposition of minimum import prices has always been a temporary measure.

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