Indian Steel Minister Chaudhary Birender Singh said on Thursday he wanted the finance ministry to scrap the 2.
5 percent tariff on imported coking coal, a major steelmaking feedstock, to lower input costs
.
"We're going after cuts," Chaudhary Birender Singh said in an interview, "and we want to zero it down, not from 2.
5 percent to 2 percent
.
" ”
India's coking coal imports rose 13 percent
in the 2017/18 financial year.
Indian Steel Minister Chaudhary Birender Singh said on Thursday he wanted the finance ministry to scrap the 2.
5 percent tariff on imported coking coal, a major steelmaking feedstock, to lower input costs
.
"We're going after cuts," Chaudhary Birender Singh said in an interview, "and we want to zero it down, not from 2.
5 percent to 2 percent
.
" ”
India's coking coal imports rose 13 percent
in the 2017/18 financial year.
