India’s Directorate General of Trade Remedies (DGTR) is planning to commission the Indian Institute of Foreign Trade (IIFT) to prepare a comprehensive report on the impact of existing antidumping (AD) measures on steel imports, a government official said on Tuesday, February 19.
The official stated that the move by the DGTR aims to conduct a comprehensive review of all existing antidumping duties on steel imports particularly shipments of ex-China steel products.
The DGTR move has been prompted by concerns communicated to it by the Ministry of Steel that existing import protection measures are not proving to be effective as evident from rising imports from China.
The mandate to the IIFT will also include examination of various steel products imported into the country via misdeclaration of shipments as alloy steel or high value-added products in order to circumvent antidumping rates.