Psu
Steel companies seek removal of import duty and cess on coking coal
KOLKATA: Steel makers like Tata Steel and Visa Steel have sought removal of import duty and clean energy cess on coking coal and giving thrust to domestic infrastructure forecasting tepid global demand next year.
"Steel industry has suffered an increase in input costs due to high coking coal prices this year. Almost all the coking coal requirement is met through imports. Therefore, import duty on coking coal should be removed," Tata Steel India Managing Director T V Narendran told PTI.
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