In what could be regarded as a precursor to relief for Indian Met Coke producers, the Directorate General of Anti Dumping and Allied Duties in the Ministry of Commerce and Industry of the Government of India has eventually recommended to the Finance Ministry to impose Anti Dumping Duty on imports of Met Coke into the country from China and Australia.
The recommendation was done on the basis of the findings of an investigation on the alleged dumping of the product into India by suppliers in the said countries.
The Metallurgical Coke Manufacturers’ Association had, in Dec’15, submitted an application to the Ministry of Commerce and Industry for imposing Anti Dumping Duty on imports of the product into the country to restrict damages caused by intense dumping of the product by sellers in the two countries.
According to the application, the Indian Met Coke industry suffered heavy losses as the material was exported to India at prices even below the cost of production in India.
Following the submission of the application, the ministry had validated the claim through an investigation; following which, the recommendation for imposing the duty on the product was done.
As learnt, imposition of an Anti Dumping Duty of USD 25/MT has been suggested for Met Coke imports from China; and for imports from Australia, the duty has been recommended at USD 16/MT.
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