The Indian government is expected to impose anti-dumping duty for 5 years on different types pf steel products from various countries which includes Japan and Korea. This measure is likely to be taken to guard the needs of domestic buyers from cheap imports.
The products include flat rolled products of stainless steel which comes from European Union, Japan, Korean, Malaysia and Taiwan.
Countries are allowed to impose tariffs in global trade norms to level the field for domestic manufacturers only after thorough investigation by a quasi-judicial body.