Indian Government’s Finance Ministry’s Department of Revenue did not accept the recommendations of the Directorate General of Trade Remedies and has decided not to impose anti-dumping duties on HR, Plates & CR steel products imports removing the conditions of imports of HR, plates & CR at minimum prices of USD 489, USD 561 & USD 576 respectively as imposed in August 2016 for a period of 5 years. In reality, these levels do not have relevance as imports prices have been much above these levels since mid-2017, except for a brief period in mid-2019-2020, and are currently in the range of USD 800-1000 per tonne CFRDirectorate General of Trade Remedies had initiated the original investigation concerning imports of “Hot-Rolled Flat Products of Alloy or Non-Alloy Steel originating in or exported from China PR, Japan, Korea RP, Russia, Brazil & Indonesia and “Cold Rolled or cold reduced flat steel products of iron or Non-Alloy Steel, or other Alloy Steel of all width and thickness not clad, plated or coated originating in or exported from China PR, Japan, Korea RP and Ukraine” in April 2016 and provisional anti-dumping duty were imposed in August 2016, followed by definitive Anti-Dumping Duties in May, 2017. Indian government had set reference prices for these products, ruling that the difference with import prices shall be payable by importers.7208, 7211, 7225 and 7226 - Hot- rolled flat products of alloy or non- alloy steel in coils of a width upto 2100 mm and thickness upto 25mm - USD 4897208, 7211, 7225 and 7226 - Hot- rolled flat products of alloy or nonalloy steel not in coils (commonly known as sheets and plates) of a width upto 4950 mm and thick ness upto 150 mm - USD 5617209, 7211, 7225 and 7226 – Cold rolled or cold reduced flat steel products of iron or non-alloy steel or other alloy steel, of all widths and thickness, not clad, plated or coated - USD 576In Sunset Review of Anti-dumping Duties, Directorate General of Trade Remedies had conducted two following complaints filed by domestic manufacturers of the respective products. The Directorate General of Trade Remedies had concluded in its findings that cold-rolled products are being dumped by companies from China, Japan, Korea and Ukraine and hot-rolled goods are dumped from China, Japan, Korea, Russia, Brazil and Indonesia and had recommended the imposition of definitive anti-dumping duties on 14 September 2021. While Directorate General of Trade Remedies recommends the duty, the Department of Revenue takes the final decision to impose the duties.
Indian Government’s Finance Ministry’s Department of Revenue did not accept the recommendations of the Directorate General of Trade Remedies and has decided not to impose anti-dumping duties on HR, Plates & CR steel products imports removing the conditions of imports of HR, plates & CR at minimum prices of USD 489, USD 561 & USD 576 respectively as imposed in August 2016 for a period of 5 years. In reality, these levels do not have relevance as imports prices have been much above these levels since mid-2017, except for a brief period in mid-2019-2020, and are currently in the range of USD 800-1000 per tonne CFRDirectorate General of Trade Remedies had initiated the original investigation concerning imports of “Hot-Rolled Flat Products of Alloy or Non-Alloy Steel originating in or exported from China PR, Japan, Korea RP, Russia, Brazil & Indonesia and “Cold Rolled or cold reduced flat steel products of iron or Non-Alloy Steel, or other Alloy Steel of all width and thickness not clad, plated or coated originating in or exported from China PR, Japan, Korea RP and Ukraine” in April 2016 and provisional anti-dumping duty were imposed in August 2016, followed by definitive Anti-Dumping Duties in May, 2017. Indian government had set reference prices for these products, ruling that the difference with import prices shall be payable by importers.7208, 7211, 7225 and 7226 - Hot- rolled flat products of alloy or non- alloy steel in coils of a width upto 2100 mm and thickness upto 25mm - USD 4897208, 7211, 7225 and 7226 - Hot- rolled flat products of alloy or nonalloy steel not in coils (commonly known as sheets and plates) of a width upto 4950 mm and thick ness upto 150 mm - USD 5617209, 7211, 7225 and 7226 – Cold rolled or cold reduced flat steel products of iron or non-alloy steel or other alloy steel, of all widths and thickness, not clad, plated or coated - USD 576In Sunset Review of Anti-dumping Duties, Directorate General of Trade Remedies had conducted two following complaints filed by domestic manufacturers of the respective products. The Directorate General of Trade Remedies had concluded in its findings that cold-rolled products are being dumped by companies from China, Japan, Korea and Ukraine and hot-rolled goods are dumped from China, Japan, Korea, Russia, Brazil and Indonesia and had recommended the imposition of definitive anti-dumping duties on 14 September 2021. While Directorate General of Trade Remedies recommends the duty, the Department of Revenue takes the final decision to impose the duties.
