India’s Ministry of Finance has announced that it has terminated the antidumping (AD) duties on imports of graphite electrodes (of all diameters) from China.
According to the finance ministry’s statement, as a result of a mid-term review carried out in relation to the aforementioned imports from China, India’s Directorate General of Trade Remedies (DGTR) has concluded that the domestic industry is not suffering from injury and that the alleged dumped imports from the subject country are not resulting in material injury to the domestic industry. In addition, the DGTR stated that an insignificant increase in production capacities of the domestic producers compared to the significant rise in Indian demand combined with increased exports has led to a serious shortage of subject goods in the Indian market. Accordingly, the DGTR recommended the discontinuation of antidumping duties on the subject goods.
The review was launched upon the request of the Alloy Steel Producers Association of India (ASPA), claiming that the circumstances that were prevalent during the period of investigation of the original investigation have changed significantly leading to a situation where the existing antidumping duties are no longer warranted.
The products in question currently fall under Customs Tariff Statistics Position Numbers 85451100 and 85451900.