Indian Govt Imposes Anti Dumping Duty on Seamless Tubes & Pipes for 5 Years

In a bid to protect India’s domestic steel industry from dumping of Chinese seamless tubes & pipes, government has imposed definitive Anti-Dumping duty for a period of five years.

Indian government has imposed Definitive Anti-Dumping duty on seamless tubes & pipes and hollow profiles of iron, alloy or non-alloy steel (other than cast iron and stainless steel) whether hot finished or cold drawn or cold rolled of an external diameter not exceeding 355.6 mm falling under the heading 7304 originating in,or exported from the People’s Republic of China.

The Anti-Dumping duty imposition which was notified yesterday (i.e 17 Feb’17) shall be effective for a period of five years from the date of imposition of provisional Anti-Dumping duty i.e 17 May’16 and shall be payable in Indian currency.

The definitive anti-dumping duty imposed is the range of USD 961.33 – USD 1,610.67/MT on subject goods imported from China.

Anti-Dumping duty imposed is at the rate which is equivalent to the difference between the landed value of the subject goods and the amount specified.

Link to the notification

Earlier in Dec’16, SteelMint had reported that The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended imposition of definitive anti-dumping duty on imports of steel tubes and pipes from China. Prior to this in May’16, the government had imposed a provisional anti dumping duty for six months on seamless tubes and steel pipes, among others, imported from China.

India’s imports of seamless tubes & pipes – China has remained largest source of imports of seamless tubes & pipes for India. In FY17 (till Nov’16), India’s import under heading 7304 stood at 0.29 MnT, out of which share of China was 83%.

India’s import of CH 7304  –

Source: Govt of India