Govt considering minimum import price on aluminium: Mines secretary

0
101

New Delhi: 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, an Indian government body decided against imposing safeguards on some aluminium products citing lack of evidence over imports hurting profitability of domestic industry.