India to Exempt Certain Steel Product Imports from Quality Control Requirements

SEATTLE (Scrap Monster): India may exempt certain steel product imports from quality control requirements to meet domestic demand and rein in prices, broadcaster ET Now reported on Thursday citing sources.

The products could include aerospace steel grade and high-speed tool steel among others, the broadcaster said.

India only allows steel grades that are governed by its quality control policy and is ratified by its bureau of Indian standards.

 Courtesy: www.reuters.com