India terminates anti-dumping measures against China-related iron, non-alloy steel or other alloy steel cold-rolled plates

On January 5, 2022, the Indian Ministry of Commerce and Industry issued an announcement stating that the Taxation Bureau of the Ministry of Finance of India did not accept the Ministry of Commerce and Industry on September 14, 2021 for iron and non-alloy steel originating in or imported from China, Japan, South Korea and Ukraine. Or other alloy steel cold-rolled flat steel products (Cold Rolled/Cold Reduced Flat Steel Products of iron or Non-alloy steel, or other alloy steel, of all width and thickness, not clad, plated or coated) , Decided not to continue to impose anti-dumping duties on the products involved in the above-mentioned countries.

On April 19, 2016, the Indian Ministry of Commerce and Industry issued an announcement to initiate an anti-dumping investigation on iron, non-alloy steel or other alloy steel cold-rolled plates originating in or imported from China, Japan, South Korea and Ukraine. On April 10, 2017, the Indian Ministry of Commerce and Industry made a positive anti-dumping final ruling on the case, suggesting to impose a five-year anti-dumping duty on the products involved in the above-mentioned countries at the lowest price. The tax amount is the landed value of imported goods. , Provided that it is lower than the minimum price) and the difference between the minimum price, the minimum price of the above-mentioned countries is 576 US dollars / metric ton. On May 12, 2017, the Indian Ministry of Finance issued Circular No. 18/2017-Customs(ADD), accepting the final ruling recommendation made by the Indian Ministry of Commerce and Industry on April 10, 2017, and decided to take action on August 17, 2016. The five-year anti-dumping duties are levied on the products involved in the above-mentioned countries at the lowest price, which is valid until August 16, 2021. On March 31, 2021, the Ministry of Commerce and Industry of India issued an announcement stating that, in response to an application submitted by the Indian Steel Association (Indian Steel Association), iron, non-alloy steel or other alloys originating in or imported from China, Japan, South Korea and Ukraine The first anti-dumping sunset review of steel cold-rolled steel plates was initiated and the investigation was filed. On June 29, 2021, the Ministry of Finance of India issued Circular No. 37/2021-Customs (ADD), extending the validity period of anti-dumping measures for the products involved to December 15, 2021. On September 14, 2021, the Ministry of Commerce and Industry of India issued an announcement stating that it has made the first anti-dumping sunset review affirmation of iron, non-alloy steel or other alloy steel cold-rolled plates originating in or imported from China, Japan, South Korea and Ukraine. In the final ruling, it is recommended to continue to impose a five-year anti-dumping duty on the products involved in the above-mentioned countries at a minimum price. The minimum prices of the products involved in the above-mentioned countries are all US$576/metric ton, part of Korean manufacturer Dongkuk Industries Co. Ltd. Except for products that are not taxed. The Indian customs codes of the products involved are 7209, 7211, 7225 and 7226. Stainless steel, high-speed steel, grain-oriented silicon steel and non-grain-oriented silicon steel are not subject to taxation.


Post time: Jan-07-2022