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India to Extend AD Duty on Plates, HR & CR Steel Imports

Time:Fri, 17 Sep 2021 11:36:46 +0800

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India’s Commerce Ministry's Directorate General of Trade Remedies has recommended the extension of anti-dumping duty on imports of hot rolled flat products of steel from China, Japan, Korea, Russia, Brazil and Indonesia as well as on import of cold rolled flat steel products from China, Japan, Korea and Ukraine. In Sun Set Review, Directorate General of Trade Remedies concluded that that there is a likelihood of continuation and recurrence of injury to the domestic industry if the existing duty is removed and has recommended the continuation of anti-dumping duty on imports. The antidumping duty is recommended as the difference between the landed value of the subject goods with USD 489 for HR, USD 561 for plates & USD 576 for CR. But in today’s global price environment, this AD Duty has no relevance

⦁ Hot rolled flat products of alloy or non-alloy steel in coils of a width upto2100 mm and thickness up to 25mm (7208, 7211, 7225, 7226)

⦁ Hot rolled flat products of alloy or non-alloy steel in coils, commonly known as sheets and plates) of a width up to 4950 mm and thick ness up to 150 mm (7208, 7211, 7225, 7226)

⦁ Cold rolled or cold reduced flat steel products of iron or non-alloy steel or other alloy steel, of all widths and thickness, not clad, plated or coated (7209, 7211, 7225, 7226)

Indian Steel Association, on behalf of Steel Authority of India Limited, JSW Steel Limited and ArcelorMittal Nippon Steel India Limited, has filed an application requesting initiation of sunset review of anti-dumping duty imposed earlier

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