India launches investigation on some aluminum wire products from Malaysia
Stock image.
India has launched an investigation on some aluminum wire products from Malaysia in the backdrop of existing countervailing duties that are set to lapse in September, the government said late on Monday.
A group of companies including Hindalco Industries Limited, Vedanta Limited and Bharat Aluminium Company had filed an application for a review to ascertain if there is a need for an extension to the duties.
(By Kanjyik Ghosh and Neha Arora; Editing by Chris Reese)
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