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.

AjoyDas
Ajoy Das
Editor

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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