NEW DELHI: India has imposed a provisional $29-$200 a tonne
anti-dumping duty to rein in burgeoning and predatory imports of
galvalume steel products from China, Vietnam and Korea which were
causing material injury to the domestic industry. The duty will remain
in effect for six months.
Following investigations, the DGTR found that exporters from these
three countries were sending galvalume to India “below their normal
values”, causing “material injury” to the domestic producers like JSW
Steel, Tata Steel and Bhushan Power and Steel among others.
“There is a significant increase in imports of subject goods from
subject countries in absolute terms as well as in relation to production
and consumption in India. Material injury has been caused by the dumped
imports of subject goods from subject countries,” the DGTR found in its
preliminary findings.
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