Indian Govt Announces Final Anti-Dumping Duty on Import of Galvalume Steel Products
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Indian govt has issued final findings on 21st Feb'20 in its investigation on anti-dumping on the imports of Aluminium and Zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP.The Anti Dumping imposed on imports from Korea ranges from USD 14.3-84.47; for Vietnam it ranges from USD 23.63-173.1 and for China it ranges from USD 56.48-128.93.
The notification mentions that "Having initiated and conducted the investigation into dumping, injury and causal links in terms of the provisions laid down under the Rules and having established positive dumping margin as well as material injury to the domestic industry caused by such dumped imports, the Authority is of the view that imposition of definitive anti-dumping duty is required to offset dumping and injury. The Authority, therefore, considers it necessary and recommends imposition of anti-dumping duty on imports of subject goods from the subject countries in the form and manner described here under from the date of issue of the notification of imposition of provisional duty by the Central Government vide Notification dated 15th October 2019."
What was the case all about ? JSW Steel Coated Products Limited initiated an investigation on 02 Apr'19 on alleged dumping of the subject goods, originating in or exported from the subject countries. On the basis of preliminary investigation carried out, the Authority issued its Preliminary Findings dated 15th July, 2019, recommending imposition of provisional Anti-dumping duty. The provisional anti-dumping duty has been notified by Ministry of finance dated 15th October 2019 for a period of six months from the date of its notification. Apart from JSW, there are three other producers of the Product under consideration (PUC) in India, namely, M/s. Tata BlueScope Steel Private Limited, M/s. Tata Steel BSL Limited and M/s. Asian Colour Coated Ispat Limited.
Product under Consideration (PUC) - PUC falls under tariff items - 72106100, 72125090, 72259900 and 72269990 of the Customs Tariff Act, 1975. PUC is also being imported under other Customs Tariff Items 72101290, 72103090, 72104900, 72106900, 72107000, 72109090, 72121090, 72122090, 72123090, 72124000, 72169910, 72255010, 72259100, 72259200, 72269930 etc.
PUC does not include the following products: -
i. Flat rolled steel products coated with Zinc without addition of Aluminium
ii. Flat rolled steel products coated with Aluminium without addition of Zinc
iii. Pre-painted or colour coated Aluminium Zinc alloy coated steel sheets (Pre-coated SGL sheets
| S. No | Heading/ Sub- Heading | Description of Goods | Country of Origin | Country of Export | Producer | Duty Amount | Currency | Unit |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
| 1. | 7210, 7212, 7225 and 7226* | Flat rolled product of steel plated or coated with alloy of Aluminum and Zinc** | Korea RP | Any country including Korea RP | Dongkuk Steel Mill Co., Ltd. | 14.30 | US$ | MT |
| 2. | Do | Do | Korea RP | Any country including Korea RP | POSCO | 56.96 | US$ | MT |
| 3. | Do | Do | Korea RP | Any country including Korea RP | POSCO Coated & Color Steel Co., Ltd. | 56.96 | US$ | MT |
| 4. | Do | Do | Korea RP | Any country including Korea RP | Dongbu Steel Co., Ltd. | 13.07 | US$ | MT |
| 5. | Do | Do | Korea RP | Any country including Korea RP | Any other producer other than serial no. 1, 2, 3, and 4 | 84.47 | US$ | MT |
| 6. | Do | Do | Any country other than Korea RP, Vietnam, China PR | Korea RP | Any | 84.47 | US$ | MT |
| 7. | Do | Do | Vietnam | Any other country including Vietnam | Ton Dong A Corporation | 23.63 | US$ | MT |
| 8. | Do | Do | Vietnam | Any other country including Vietnam | Hoa Sen Group | 46.87 | US$ | MT |
| 9 | Do | Do | Vietnam | Any other country including Vietnam | Tay Nam Steel Manufacturing & Trading Co., Ltd | 48.96 | US$ | MT |
| 10. | Do | Do | Vietnam | Any other country including Vietnam | Nam Kim Steel Joint Company | 81.30 | US$ | MT |
| 11 | Do | Do | Vietnam | Any country including Vietnam | Any other producer other than serial no. 7, 8, 9, 10 | 173.10 | US$ | MT |
| 12 | Do | Do | Any country excluding Korea RP, Vietnam, China PR | Vietnam | Any | 173.10 | US$ | MT |
| 13 | Do | Do | China PR | Any country including China PR | Zhejiang Huada New Materials Co., Ltd. | 56.48 | US$ | MT |
| 14 | Do | Do | China PR | Any country including | Any other producer other | 128.93 | US$ | MT |
| China PR | than Zheijiang Huada New Materials Co., Ltd. | |||||||
| 15 | Do | Do | Any country excluding China PR, Korea PR, Vietnam | China PR | Any | 128.93 | US$ | MT |
Source : DGTR
