India to impose anti-dumping duty on imports of certain cold-rolled steel products
06 August, New Delhi
India will impose anti-dumping duty on imports of certain cold-rolled steel products from four countries – China, Japan, Korea and Ukraine.
Directorate General of Anti-Dumping and Allied Duties (DGAD), under the Commerce Ministry, in its preliminary findings, has found that ‘cold-rolled flat products of alloy or non-alloy steel’ has been exported to India from these countries at below-normal value.
The DGAD has also recommended anti-dumping duties on hot-rolled flat products from six countries including China, Japan and Korea. Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to the domestic industry.