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The global phase-down of HFCs and the imposition of ADDs are expected to keep realisations from refrigerant gases firm. The near-term domestic demand trigger is the mandate for in-cabin ACs for commercial vehicles.
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The authority recommended an anti-dumping duty that is equal to the lesser margin of dumping and the margin of injury, so as to remove the injury to the domestic industry
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The latest move by China is expected to reduce the dumping of cheap steel into the Indian market, which would act as a major positive to the Indian steel companies.
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The company has been facing challenges from cheaper imports after several domestic solar PV module manufacturers stocked up solar glass from China before the implementation of a 10% Basic Custom Duty in September.
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The proposed duty of $217 per metric tonne for most companies exporting IPA from China is seen as a significantly positive development for manufacturers like Deepak Nitrite and Deepak Fertilizers.
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During April-July, China was the second biggest steel exporter to India, after South Korea, selling 0.6 million metric tons, up 62% from the same period a year earlier.
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The Directorate General of Trade Remedies (DGTR) has recommended the duty on imports of 'Vinyl Tiles other than in roll or sheet form' from these countries after concluding in its probe that the product has been exported at dumped prices into India, which impacted the domestic industry.
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The commerce ministry's investigation arm DGTR had conducted a probe into the alleged dumping of "Resin Bonded Thin Wheels" from China, and in September it recommended the imposition of the duty.
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The commerce ministry's investigation arm DGTR had conducted a probe to review the need for continuing imposition of anti-dumping duty on the product imported from these countries, following a complaint from the domestic industry.
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Directorate General of Trade Remedies (DGTR) has recommended the duty on imports of 'ofloxacin' and its intermediates from China after concluding in its probe that the product has been exported at dumped prices into India, which impacted the domestic industry.
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The Southern India Mills' Association (SIMA) on Sunday thanked Prime Minister Narendra Modi, Union Finance Minister Nirmala Sitharaman and Union Textile Minister Piyush Goyal for removing the anti-dumping duty on elastomeric filament yarn.
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Automotive Tyre Manufacturer’s Association has filed a petition before the Directorate General of Trade Remedies (DGTR) for sunset review of the anti-dumping duty imposed on the imports of 'new/unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres)’ originating in or exported from China.
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In a notification, the ministry's investigation arm Directorate General of Trade Remedies (DGTR) has said there is continued dumping of the foil from China, and the imports are likely to enter the Indian market at dumped prices in the event of expiry of the duty.
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Imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. India and China are members of this Geneva-based organisation, which deals with global trade norms. China is a key trading partner of India.
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The Directorate General of Trade Remedies (DGTR) has concluded in its probe that the imports from China are entering the domestic market at price below the level of the selling price, and even the cost of sales. The domestic industry has been impacted due to the dumped imports, DGTR has said in a notification.
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In April, the commerce ministry's arm Directorate General of Trade Remedies (DGTR) recommended imposing the duty on "copper and copper alloy flat-rolled products" from China, Korea, Malaysia, Nepal, Sri Lanka and Thailand, after conducting a probe.
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Apcotex plans to spend Rs 100-110 crore over FY22 and early FY23 if environmental permission for the XNBR latex plant at Valia comes through
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President Joe Biden's administration determined that imports from Germany in particular ($287 million in 2019) benefited from dumping ranging from 40 to 242 percent.
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ISMT Ltd and Jindal Saw Ltd have filed an application before the Directorate General of Trade Remedies (DGTR) for sunset review of anti-dumping duty imposed on imports of 'seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel from China.
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Phillips Carbon has been a strong beneficiary of the global supply chain dislocation which initially helped in volume growth and later added to margin improvement
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Faster execution of the ‘China plus’ opportunity will be a trigger for re-rating of NOCIL
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The Bodal Chemicals stock should command a valuation premium because of its vertically integrated business model
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JSW Vallabh Tinplate Pvt Ltd and The Tinplate Company of India Ltd have filed the application for imposition of the anti-dumping duty on imports of coated/plated tin mill flat-rolled steel products.
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"We have found sufficient evidence China is dumping ciprofloxacin hydrochloride below cost in the Indian market. This is considerably hurting the domestic pharmaceutical industry," a government official said.
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The duty on imports of 'hot rolled flat products of stainless steel 304 series' from the said countries was first imposed by the finance ministry on June 5, 2015, for five years. The duty was imposed in the range of $180-316 per tonne.
