Moneycontrol
Jan 13, 2017 11:09 AM IST IST | Source: Reuters

India considering minimum import price on aluminium: Official

Last month, a government body decided against imposing safeguards on some aluminium products citing lack of evidence over imports hurting profitability of domestic industry.


India is considering imposing a minimum import price on aluminium, the top bureaucrat in the ministry of mines said on Friday.


"MIP (Minimum Import Price) on aluminium is under consideration. We will take a week to send our recommendation forward," the mines secretary Balvinder Kumar told Reuters.

Last month, a government body decided against imposing safeguards on some aluminium products citing lack of evidence over imports hurting profitability of domestic industry.

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