minimum import prices

Decision on MIP for Aluminium Expected Within Two Weeks: India’s Mines Secretary Kumar

Decision on MIP for Aluminium Expected Within Two Weeks: India’s Mines Secretary Kumar

India’s Ministry of Commerce sought clarifications from the Mines Ministry regarding the effects of an imposition of minimum import prices (MIP), according to Mines Secretary Balvinder Kumar. The same official revealed that a determination would be made within the next two weeks....

Indian Aluminium Firms Increase Push for Minimum Import Price

India’s aluminium producers have ramped up the call for a minimum import price (MIP) on the metal as the government’s budget for the next fiscal year continues to be hashed out. Indian producers have faced an increasing onslaught of cheap aluminium from overseas during the past several years, especially from the Mideast and the People’s […]

India’s Mines Ministry to Consider MIP on Aluminium

India’s Mines Ministry is reportedly soon to take up the question of minimum import prices (MIP) on imported aluminium. According to a domestic media outlet, an official speaking on condition of anonymity explained that updated findings from Mecon will soon be submitted to the Ministry, at which time it will review the findings and forward […]

Indian Government Declines Imposing Safeguard Duty on Imported Aluminium

The Indian government has decided against imposing import safeguards against overseas aluminium. According to the announcement, made on Tuesday, the government did not find sufficient evidence that imported aluminium impacts the domestic aluminium industry’s bottom line. The Directorate General of Safeguards, which is the branch of the finance ministry charged with making such determinations, said […]

Sources: Indian Government Soon to Impose MIP on Primary Aluminium

A minimum import price (MIP) on primary aluminium imported into India may soon be a reality according to sources within the Indian government. India’s state-run engineering consulting firm Metallurgical & Engineering Consultants (India) Limited (MECOM), who was commissioned by the Aluminium Association of India to study solutions for protecting the domestic aluminium industry, returned a […]

India’s Engineering Consultant Recommends Minimum Import Price for Aluminium

A study commissioned recently by India’s aluminium industry recommended the imposition of an import duty or minimum import price (MIP) upon primary aluminium. India’s state-run engineering consulting firm Metallurgical & Engineering Consultants (India) Limited (MECOM) submitted its findings to the Aluminium Association of India earlier this week according to local media. “The association has forwarded […]