Moreover, the Economic Times, on 13 November, 2014 reported:
Domestic steelmakers threatened by growing volumes of Chinese steel imports are likely to get some relief soon. Steel and mines minister Narendra Singh Tomar on Wednesday said the government is mulling an increase in import duty, days after the finance ministry issued a customs notification banning import of specific steel products like re-bars and reinforcement bars as alloy steel bars without prior certification from Bureau of Indian Standards (BIS).
The Consolidated Results are as follows: The Group has posted a net profit/(loss) after taxes, minority interest and share in profit/(loss) of associates of Rs.4418.30 million for the quarter ended September 30, 2014 as compared to Rs.4520.70 million for the quarter ended September 30, 2013. Total Income has increased from Rs.48371.30 million for the quarter ended September 30, 2013 to Rs.51831.80 million for the quarter ended September 30, 2014.