India’s Directorate General of Anti-Dumping & Allied Duties vide notice No. 14/9/2016-DGAD has recently declared initiation of an anti-dumping investigation concerning imports of “Hot-rolled flat products of alloy or non-alloy steel in coils of a width up to 2100mm and thickness up to 25mm and Hot-rolled flat products of alloy or non-alloy steel not in coils (commonly known as sheets and plates) of a width up to 4950mm and thickness up to 150mm”, originating in or exported from China PR, Japan, Russia, Korea RP, Brazil and Indonesia. Interested parties have 40 days i.e. May 20th 2016 to file their submission.
It said “Steel Authority of India Limited, JSW Steel Limited and Essar Steel India Limited have filed a petition for initiation of anti-dumping investigation and imposition of anti-dumping duty on the alleged dumped imports of HR products and the Authority prima facie finds that sufficient evidence of dumping of the subject goods, causing injury to the domestic industry and causal link between the alleged dumping and the injury exist to justify initiation of an anti-dumping investigation. The authority hereby initiates an investigation into the alleged dumping causing consequent injury to the domestic industry in terms of the Rules, to determine the existence, degree and effect of dumping and recommend the amount of anti-dumping duty, which if levied, would be adequate to remove the injury to the domestic industry.