India's Ministry of Finance has announced its preliminary determinations in its antidumping (AD) duty investigation of imports of cold rolled (CR) flat steel products of iron or non-alloy steel, or other alloy steel, of all widths and thickness, not clad, plated or coated, originating in or exported from China, Japan, South Korea and Ukraine. The duty rate is equivalent to the difference between the minimum reference price of $594/mt and the realized import prices. The preliminary duty will be effective for a period of six months.
The investigation launched upon a complaint received from Indian producers Steel Authority of India Limited (SAIL), JSW Steel Limited, Essar Steel India Limited and JSW Steel Coated Products Limited covers the period between July 2015 and December 2015.
The products in question currently fall under Customs Tariff Statistics Position Numbers 7209, 7211, 7225 and 7226.