Float glass makers seek duty on Pak, Saudi Arabia imports

The domestic float glass industry, which is battling a slowdown in demand, has sought anti-dumping duty on glass imports from Pakistan, Saudi Arabia and the United Arab Emirates (UAE).

The Directorate-General of Anti-Dumping and Allied Duties in the Commerce Ministry is investigating complaints of dumping filed by the domestic glass sector, represented by Gold Plus Glass Industry Ltd, HNG Float Glass Ltd and Saint-Gobain Glass India Ltd.According to industry representatives, a number of float glass lines came up in West Asia during the boom period, thanks to cheap funds and the extraordinarily low cost of gas.These companies are now selling glass in India, shipped mainly through Mumbai, at prices lower than their cost of production.

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600450 Float glass makers seek duty on Pak, Saudi Arabia imports glassonweb.com

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