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India begins probe to continue anti-dumping duty on some steel imports from China


Date: 24-02-2021
Subject: India begins probe to continue anti-dumping duty on some steel imports from China
India has begun an investigation on the need to continue an anti-dumping duty on the imports of certain seamless tubes, pipes, hollow profiles of iron and steel from China based on complaints filed by ISMT Limited and Jindal Saw Limited.

The applicants have alleged that dumping of these products from China has continued even after imposition of anti-dumping duty, and there has been a significant increase in the volume of imports.

The duty on the product was first imposed in February 2017 and is set to expire on May 16 this year.

“There is a likelihood of continuation of dumping on the goods...if the existing duty is allowed to expire,” the Directorate General of Trade Remedies (DGTR) said in a notification.

The period of investigation is April 1, 2019 to September 30, 2020.

“On the basis of the duly substantiated application of the applicants and having satisfied itself, on the basis of the prima facie evidence submitted by the domestic industry, substantiating the likelihood of continuation or recurrence of dumping and injury...the authority, hereby, initiates a sunset review investigation,” DGTR said.

The DGTR, the quasi-judicial investigation arm of the commerce and industry ministry, has also begun a separate sunset review anti-dumping investigation in imports of Viscose Staple Fibre from China and Indonesia based on a complaint filed by Association of Man Made Fibre Industry of India on behalf of Grasim Industries Limited.

The duty was first imposed on July 26, 2010 and then extended. The existing duties will expire on August 7, 2021.

The period of investigation for the present investigation is September 1, 2019 to October 31, 2020.

While the DGTR recommends the duty, the final call to impose it is taken by the finance ministry.

Source:-economictimes.indiatimes.com

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