JSW Group said India's steel and finance ministries are studying request for temporary tax on China steel dumping, chairman Sajjan Jindal said on the sidelines of an industry event. "They are studying it,

Bengaluru: The Indian government is reviewing a proposal to impose a temporary tax on Chinese steel imports, JSW Group Chairman Sajjan Jindal said, according to a Reuters report.

JSW Group Chairman Sajjan Jindal said that the regulatory approval for the initial public offering (IPO) of JSW's cement business could be obtained by the end of January.

The Indian government is studying the request for imposing a temporary tax on China steel imports, the JSW Group chairman said on Wednesday, adding that it could get regulatory approval for the initial public offering of its cement business by January end.

Indian steel mills have been grappling with a higher influx of Chinese steel imports, hitting domestic prices and denting companies' earnings