Just In
DGTR recommends antidumping duty from 3 nations
New Delhi: The commerce ministry's dumping probe arm DGTR has recommended antidumping duty on aluminium and zinc coated flat products from China,...
New Delhi: The commerce ministry's dumping probe arm DGTR has recommended antidumping duty on aluminium and zinc coated flat products from China, Vietnam and Korea to guard domestic players from cheap imports, according to a notification.
It has recommended duty in the range of $14.3-173.1 per tonne on the imports. "Antidumping duty is recommended to be imposed on all imports of subject goods originating in or exported from these countries," the Directorate General of Trade Remedies (DGTR) said in a notification. After completing the probe into the alleged dumping, the directorate concluded that aluminium and zinc coated flat products have been exported to India from these three countries below its normal value, which has resulted in dumping. "The domestic industry has suffered material injury due to dumping," it added. JSW Steel Coated Products had filed an application before the DGTR for imposition of antidumping duty on the imports.
The directorate on the basis of sufficient evidence submitted by the applicant had initiated an investigation in April last year. The product offers resistance to corrosion and is used in many applications and sectors including infrastructure projects, solar power projects, roofing, walling decking, cladding and framing, white goods and appliances, furniture and substrate for colour coated steel.
© 2024 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com