HomeNewsBusinessCompaniesImport hike will have little impact on price: Sunidhi Sec

Import hike will have little impact on price: Sunidhi Sec

In an interview with CNBC-TV18, Chintan Mehta of Sunidhi Securities says overall demand needs to improve to bridge gap between Indian steel and imported steel from Japan, Korea and China.

August 04, 2015 / 14:43 IST
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Chintan Mehta of Sunidhi Securities says that a 2.5 percent import duty hike on flat and long steel products will have a minuscule impact and is not a long term solution.He told CNBC-TV18 overall demand needs to improve to bridge gap between Indian steel and imported steel from Japan, Korea and China.Watch video for more.

first published: Aug 4, 2015 02:43 pm

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