India initiates safeguard probe into rise in met coke imports

Tuesday, 04 July 2023 10:09:56 (GMT+3)   |   Kolkata
       

India’s Director General for Trade Remedies (DGTR) has initiated safeguard investigations into rising imports of metallurgical coke (met coke), a government official said on Tuesday, July 4.

The investigations have been launched following a complaint submitted by BLA Private Limited, Jindal Coke Limited, Saurashtra Fuels Limited, Vedanta Malco Energy Limited and Vista Coke Limited, claiming a sharp rise in imports of low ash met coke is adversely impacting domestic producers.

“On the basis of the duly substantiated application filed by the petitioners...the authority considers that there is sufficient evidence to justify initiation of safeguard investigations,” the DGTR has said in a notification.

In the probe, the DGTR will determine whether imports have increased suddenly and sharply in the recent period and as a result of unforeseen developments, and whether such increased imports have caused or posed a threat of serious injury to the domestic industry, the notification said.

According to the notification, met coke imports during the April-December period of 2022 rose by 40 percent year on year to 1.03 million mt.


Similar articles

Local coke prices in China rise, second round of increases awaited

19 Apr | Scrap & Raw Materials

China’s coke exports increase by 22.6 percent in Q1

19 Apr | Steel News

Local coke prices in China fall further amid low demand

29 Mar | Scrap & Raw Materials

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

Local coke prices in China fall again, decline likely to halt next week

22 Mar | Scrap & Raw Materials

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News

China’s coke exports up 20.5 percent in January-February

20 Mar | Steel News

Local coke prices in China decline, further cuts expected

15 Mar | Scrap & Raw Materials

Ukraine’s DMZ posts lower finished steel output for February

12 Mar | Steel News

Chinese coking coal market goes down, export coke follows

08 Mar | Scrap & Raw Materials