The Indian Directorate General of Anti-Dumping and Allied Duties under the Ministry Of Industry and Commerce rejected the application seeking to initiate sunset review on imports of ductile iron pipes from China on the grounds of lack of sufficient and satisfactory evidence.
The application was filed by Electrosteel Casting Ltd., Srikalahasti Pipes Ltd., and Jindal Saw Ltd. claiming that cessation of present anti-dumping duties is likely to lead to continuation or recurrence of dumping and/or injury.
In their application, they sought the continuation of existing anti-dumping duty on ductile iron pipe originating in or exported from China PR during the proposed period between January-December 2017.
They stated that China’s exporters are exporting DI pipe at fairly low FOB prices to Vietnam Rs 36,616/MT, Sri Lanka Rs 37,973/MT and Turkey Rs 34,367/MT whereas even after adjustment of ocean freight, insurance, landing and other charges, the constructed landed value to India would be around Rs 42,451/MT, Rs 44,520/MT, and Rs 40,502/MT which is below domestic selling price at Rs 45,163/MT. The cessation of duty is hurting local industry.
Currently, the duties range over USD 127.40 – USD 139.79/MT and are due to expire on October 10, 2018.
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