09:58 09.02.2017

India extends preliminary antidumping duties on cold rolled steel from Ukraine, South Korea, China, Japan for two months

2 min read
India extends preliminary antidumping duties on cold rolled steel from Ukraine, South Korea, China, Japan for two months

The Indian government has extended the six-month preliminary antidumping duties on cold rolled steel originating in or exported from Ukraine, South Korea, China and Japan imposed in 2016 for two more months.

The Ministry of Commerce & Industry of India announced it on February 7, 2017.

As reported, the Ministry of Commerce & Industry of India on August 17, 2016 informed that the country imposed the preliminary antidumping duties on cold rolled steel originating in or exported from Ukraine, South Korea, China and Japan.

The antidumping duty was calculated as a difference between $594 and the customs value of cold-rolled steel per tonne, but in case of supplies at a higher price it equals zero.

The product under consideration is cold rolled /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. It is classified under Custom Tariff Heading 7209, 7211, 7225 and 7226.

The investigation was started under a claim of Steel Authority of India Ltd (SAIL), JSW Steel Ltd, Essar Steel India Ltd and JSW Steel Coated Products Ltd that totally produce more than a half of cold rolled steel in India.

The Indian government on November 23, 2016 also introduced safeguard duties on flat hot-rolled steel in sheets and plates from Ukraine until the middle of 2019. India introduced the safeguard duty on imports of flat hot-rolled steel in sheets and plates and alloy or non-alloy steel less than 150 mm thick under the tariff items 7208, 7225 40 13, 7225 40 19, 7225 40 20, 7225 40 30 and 7225 99 00.

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