Casualty of Section 232: India becomes steel dumping ground as imports from China, Japan, and South Korea spike

6 August 2018. India appears to have become a dumping ground for steel makers from not just China but also Japan and South Korea. Countries are diverting supplies from the U.S. and the E.U. in massive volumes to escape the impact of a global tariff war initiated by Section 232. Between April-June 2018, imports from China saw a jump of 67% compared to the previous year, whereas imports from Japan and South Korea saw a jump of 47% and 35% respectively.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s