India considering minimum import price on aluminium - govt official

Last Updated: Fri, Jan 13, 2017 11:20 hrs

NEW DELHI, Jan 13 (Reuters) - India is considering imposing a minimum import price on aluminium, the top bureaucrat in the ministry of mines said on Friday.

"MIP (Minimum Import Price) on aluminium is under consideration. We will take a week to send our recommendation forward," the mines secretary Balvinder Kumar told Reuters.

Last month, an Indian government body decided against imposing safeguards on some aluminium products citing lack of evidence over imports hurting profitability of domestic industry. (Reporting by Neha Dasgupta; Writing by Tommy Wilkes; Editing by Malini Menon)

More from Sify: