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Impact of Cheap Imports on Industrial Production

The Directorate General of Trade Remedies DGTR has initiated anti dumping measures on products of steel and tyres imported mostly from china and other south East Asian countries according to an official release.

The DGTR initiates anti-dumping investigations on the basis of a duly substantiated application filed by the domestic producer with a prima-facie evidence of dumping of goods into the country causing injury to the domestic industry.

Such applications are processed as per the procedure and within the time limits specified under the Customs Tariff Act, 1975 and the rules made there under. The proceedings of DGTR are of quasi-judicial nature and adequate opportunity is given to all the interested parties participating in the investigation for making their submissions.

DGTR critically analyses the submissions and thereafter recommends the appropriate measures to the Department of Revenue for imposition of anti-dumping duty, if necessary. Acting upon such recommendations of the DGTR, the Department of Revenue may impose the provisional or definitive duties. Anti-dumping measures in force on products of steel and tyres are as under:

 

Anti-Dumping Measures in Force on Products of Steel and Tyres

S.No.

Product/s

Country (ies) involved

Quantum of Duty imposed

Expiry date of duties

1

Ductile Iron Pipe

China PR,

US$ 127.40 to 139.79 per MT

09-04-2019

2

Aluminum Road Wheels

China PR, Korea RP, Thailand,

US$ 1.06 to 2.15 per Kg

10-04-2019

3

Presensitized Positive offset Aluminum Plates

China PR, Bulgaria**, Malaysia**, Singapore**,  Korea RP**

US$ 0.22 per Kg.

08-06-2019

4

Hot Rolled flat product of Stainless Steel of 304 Grade

China PR, Korea RP,  Malaysia,

US$ 180 to 316 per MT

04-06-2020

5

Cold Rolled Flat Products of Stainless Steel

China PR, Japan**, Korea RP, EU, South Africa, Chinese Taipei, Thailand,  USA,

US$ 4.58 to 57.39% of CIF value

10-12-2020

6

Hot rolled flat products of alloy and non-alloy steel in coils

China PR, Japan, Russia, Korea RP, Brazil, Indonesia,

US$ 489-561 per MT

07-08-2021

7

Cold rolled/ cold reduced flat steel products of iron or non-alloy steel of all widths and thickness

China PR, Japan, Korea RP, & Ukraine,

US$ Nil to 576 per MT

16-08-2021

8

Pneumatic Radial Tyres

China PR,

US$ 245.35-452.33 Per MT

17-09-2022

9

Wire Rod of alloy or non-alloy Steel

China PR,

US$ 535-546 Per MT

08-10-2022

10

Colour coated/  pre-painted flat products of alloy and non-alloy steel

China PR, EU,

US$ 822 Per MT

16-10-2022

11

Steel Wheels

China PR,

US$ 613 per MT

12-09-2023

12

Straight length Bars and Rod of alloy or non alloy Steel

China PR,

US$ 44.89 - 185.81 per MT

17-10-2023

Source: Directorate General of Trade Remedies

No anti-dumping duty is in force on cement and no anti-dumping application for imposition of anti-dumping duty on cement is pending in DGTR.

 Latest available data on capacity and production of crude steel, cement and tyres (all categories) in India during the last year and current financial year is given below:

 

 

Unit

Capacity

Production

2017-18

2018-19

2017-18

2018-19 (Apr-Dec)

Crude Steel

Million tonnes

137.97

NA

103.13

79.06

Cement

Thousand Tonnes

#

#

297711

245826

Tyres (all categories)

Lakh No

#

#

1776.70

964.26*

Sources: Steel :Joint Plant Committee, M/o Steel, Cement : Index of Eight Core Industries, Office of Economic Adviser, Tyres : Automotive Tyre Manufacturers Association

 


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