India imposes definitive AD duty on coated flats from three countries

Wednesday, 24 June 2020 12:11:09 (GMT+3)   |   Kolkata

India has imposed definitive antidumping duty on flat rolled products of steel, plated or coated with aluminium and zinc, imported from China, Vietnam and South Korea, for a period of five years effective from June 23, according to an official government notification.

According to the notification issued by India’s department of revenue under the ministry of finance, the AD duty rate on such imports from these three originating countries will be in the range of $14.30-173.10/mt.

It may be noted that the government imposed ‘provisional’ antidumping duties on these steel products in October 2019, which are now being followed up with a definitive levy for five years following the completion of dumping investigations by the Directorate General for Trade Remedies (DGTR) and its final recommendations, government officials said.

However, the AD duty will not be applicable in case of select categories of products like flat rolled steel products coated with zinc without addition of aluminium, flat steel coated products coated with aluminium but without zinc, and pre-painted color coated aluminium-zinc alloy coated steel sheets, the government notification said.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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