Editor's note
Importers and fabricators sourcing quartz slabs from India may see improved pricing and availability for the US market due to reduced trade barriers. This could make Indian quartz a more attractive option compared to slabs from other regions still facing higher US tariffs. Buyers should monitor for potential price adjustments from Indian exporters.
Asian Granito India Limited (AGIL) reports a sharp decline in the Countervailing Duty (CVD) and anti-dumping duty imposed by the United States on imports of Indian quartz. The company, based in Ahmedabad, Gujarat, is optimistic about increased demand from the US market as a direct result of this duty reduction. This policy change is expected to benefit Indian exporters of quartz slabs by making their products more price-competitive in the US. The development is significant for the trade flow of engineered stone slabs between India and North America.
Asian Granito India Limited (AGIL), a company listed on Indian stock exchanges, has indicated a positive outlook for quartz slab exports to the United States. This optimism stems from a significant reduction in US-imposed trade duties on Indian quartz products. The specific duties lowered are the Countervailing Duty (CVD) and the anti-dumping duty.
The duty reduction is anticipated to stimulate demand from the US market by improving the cost competitiveness of Indian quartz slabs. AGIL, headquartered in Ahmedabad, Gujarat, is positioned to benefit from this shift in trade policy. The change represents a notable development in international trade conditions affecting the slab industry.
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Sources
- Asian Granito India to benefit from tiles and quartz exports (Business Standard)
Source article: Asian Granito India to benefit from tiles and quartz exports | Source publish time: July 3 | Source language: en
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