Friday, June 12, 2015

India - Government imposes anti-dumping duty on stainless steel imports. Our Viewpoint: There is no structured quality assurance policy instituted by the government to ensure the performance of stainless steel in various environments and manufactured items. Most of the home wares do not carry a proper warranty

Increase in customs duty on stainless steel is an encouraging news for the domestic manufacturers. There is no structured quality assurance policy instituted by the government to ensure the performance of stainless steel in various environments and  manufactured items. Most of the homewares do not carry a proper warranty for the lifetime performance of materials. Consumers pay higher cost to choose reliable items in terms of performance and quality.

Increase in customs duty on stainless steel is an encouraging news for the domestic manufacturers. This will enhance production and extensive use of domestic stainless steel in the manufacture of items ranging from household to industrial machineries and associated parts. Although limited time wararanty is given for few finished products like electronic appliances and machineries that use SS as materials of construction, there is no structured quality assurance policy instituted by the government to ensure the performance of stainless steel in various environments and  manufactured items. Most of the homewares do not carry a proper warranty for the lifetime performance of materials. Consumers pay higher cost to choose reliable items in terms of performance and quality. The intention of choosing the higher material is to get rid off main issues like corrosion and gloss. The key question on the life of SS components is yet to be resolved. We do not see credit given for corrosion control of metallic structures in our country. Awareness on corrosion control has to be effectively implemented by our government to encourage  material conservation efforts. 

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