China cautions India against unfair targeting of Chinese steel imports

Thursday, 12 May 2016 14:34:11 (GMT+3)   |   Kolkata
       

The Chinese government has cautioned India against “unfairly” targeting steel imports from China, warning that it might be forced to apply to the World Trade Organization (WTO) if import protection in form of antidumping duties are levied, a senior Indian government official said on Thursday, May 12.
 
The Indian official said that the Chinese government has pointed out that higher imports from China per se do not constitute dumping as per WTO regulations and that injury to domestic industry from such imports has to be established to warrant imposition of antidumping duty, in conformity with internationally acceptable trade rules.
 
According to the Indian government official, China has claimed that inefficiencies and high costs of production are adversely impacting Indian steel mills rather than rising imports from China.
 
Last month, India’s Directorate General for Anti Dumping and Allied Duties (DGAD) found evidence of dumping of steel product imports from China, Indonesia, Japan, South Korea and Russia, and the DGAD is expected to announce a provisional antidumping duty next month.

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