The Directorate General of Anti Dumping (DGAD), which comes under ministry of commerce, has recommended definitive anti-dumping duty on Hot Rolled Coils (HRC), Cold Rolled Coils (CRC) and MS Plates from China PR, Japan, Korea RP, Ukraine, Russia, Brazil and Indonesia.
The DGAD has also recommended revised NIP (Non Injurious Price) for HRC at USD 489/MT, USD 576/MT for CRC and USD 561/MT for HR plates.
Indian government had imposed provisional anti dumping duty on HR and CR coil products in Aug’16 for a period of six months.
On 08 Feb’17, govt. notified that it has extended anti-dumping duty on Hot rolled and Cold rolled flat products of alloy or non-alloy steel products for a period of two more months.
Provisional Anti-Dumping duty is imposed on cold rolled flat products of alloy or non alloy steel originating in or exported from China PR, Japan, Korea RP and Ukraine.
In case of Hot Rolled products of alloy or non-alloy steel, provisional anti-dumping duty exists on products exported from China PR, Japan, Korea RP, Russia, Brazil and Indonesia.
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