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In order to safeguard the domestic industry, the government has imposed provisional anti-dumping duty on the imports of wire rod of alloy or non-alloy steel from China. "The designated authority has recommended imposition of provisional anti-dumping duty on imports of the subject goods, originating in, or exported from subject country and imported into India, in order to remove injury to the domestic industry," Department of Revenue said in a notification no.51/2016-customs (ADD) issued on

China's November imports grew at 6.7% year-on-year, the fastest pace in over two years, led by a strong pick up in domestic demand of commodities including coal and iron ore, while exports also rose marginally, thereby reflecting a pickup in Chinese and global markets demand.