Anti-Dumping Duty on Steel Products from China
The Government has imposed anti-dumping duty on imports of various steel products from China PR vide its notifications dated 26.03.2013, 05.06.2015, 11.12.2015 and 17.05.2016. Details are given below:-
|1.||Steel Wheels||Definitive duty imposed on 26.03.2013 in the range of US $ 512-613 per MT. Duty is in force upto 25.03.2018.|
|2.||Hot Rolled flat product of stainless steel of 304 Grade||Definitive duty imposed on 05.06.2015 in the range of US $ 180 to 316 per MT. Duty is in force upto 04.06.2020.|
|3.||Cold Rolled Flat Products of Stainless Steel||Definitive duty imposed on 11.12.2015 in the range of 4.58 to 57.39% of landed value. Duty is in force upto 10.12.2020.|
|4.||Seamless Tubes and Pipes||Provisional duty for a period of not exceeding 6 months has been imposed on 17.05.2016 in the range of US $ 961 to 1610.67 per MT.|
The anti-dumping duty is imposed to provide relief to the domestic industry as a whole. As per Annexure-II of the Anti-dumping Rules, the Designated Authority examines the volume of dumped imports, the effect of dumped imports on prices in the domestic market and consequent impact of these imports on domestic industry. While conducting anti-dumping investigations, parameters like capacity of production of the subject goods, capacity utilization, demand, volume of imports, wages, prices etc. are taken into consideration.
Provisional duties are imposed to provide immediate relief to the domestic industry subject to completion of inquiry process. As per Rule 13 of Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for determination of injury) Rules, 1995, provisional anti-dumping duties are imposed for a period not exceed 6 months time.
This information was given by Minister of State in the Ministry of Steel Shri Vishnu Deo Sai in reply to a question in Rajya Sabha today.