Indian Stainless Steel Development Association (ISSDA) has filed an application on behalf of domestic players for the same.
Imports from India are “not negligible,” US International Trade Commission has said, rejecting Indian firms' position that their large domestic market and different supply patterns insulate them from being lumped with Southeast Asian exporters
The decision by the Commerce Department was made after the Alliance for American Solar Manufacturing and Trade filed a petition on July 17
While the main cause was excess steel because of China’s weak economy, the duties are landing at a time when the world economy is in a state of flux
The trade tariffs announced by US President Donald Trump on China has been the factor behind the import surge, the report said
The measures include a set of norms for imports, including the strict enforcement of Quality Control Order for Chinese goods
The DGTR probe will determine whether to impose a safeguard duty – a temporary tax – of up to 25% to curb excessive import of steel.
HFCL received EU's exception after no evidence was found that corroborated dumping of Indian OFC imports by the company. However, rivals Apar Industries and Polycab were found guilty, thereby facing 9.9 percent of anti-dumping duty.
The steel ministry has recommended anti-dumping duty on stainless steel products in view of an influx of cheaper goods from China.
India has initiated an anti-dumping probe into import of a certain kind of vitamin, used for animal consumption, from China, the European Union, and Switzerland following a complaint by a domestic player.
In a notification, the ministry’s investigation arm Directorate General of Trade Remedies (DGTR), has said there is a "positive" evidence of likelihood of dumping of 'Glazed/Unglazed Porcelain/Vitrified Tiles in polished or unpolished finish with less than 3 per cent water absorption' and injury to the domestic industry, if the existing anti-dumping duty would be removed.
Ceftriaxone is used to treat critical medical conditions such as Meningitis, and was dumped at extremely low prices by Chinese producers in the Indian market.
Jubilant Life Sciences Ltd had filed an application before the for the imposition of anti-dumping duty on imports of "Choline Chloride in all its form”.
Dumping of aluminium has adversely affected the local industry and the applicants requested for imposition of the anti-dumping duty on the imports, a government official said.
The commerce ministry's dumping investigation arm Directorate General of Trade Remedies (DGTR) has recommended the duty in the range of USD 537 to USD 1,559 per tonne on imports of "Ethylene Vinyl Acetate sheet for solar module".
The decision marks the first time that final duties were issued in a trade remedy case initiated by the U.S. government since 1985.
Phosphorus Pentoxide is used as a powerful desiccant and dehydrating agent and is a useful building block and reagent in the chemical industry.
The company has announced its medium-term growth plan (next five years) aiming at addition of 2 lac tones capacity (Rs 1,000 crore investment) in the carbon black business.
"The dumping of goods below market value in the United States is something the Trump Administration takes very seriously," said Secretary of Commerce Wilbur Ross, adding the government would "stand up for American workers and businesses in order to ensure that everyone trades on a level playing field."
Imposition of the duty is recommended by the Directorate General of Antidumping and Allied Duties (DGAD), an investigation arm of the commerce ministry, with a view to guard domestic players from cheap imports.
In an interview to CNBC-TV18, Shreevar Kheruka, MD of Gujarat Borosil spoke about the anti-dumping duty and latest happenings in the company.
Saint-Gobain India Pvt Ltd had sought an extension of the duty on the imports of the boards from these four countries.
The Directorate General of Anti-Dumping & Allied Duties (DGAD), the commerce ministry's investigation arm, has found "sufficient evidence" of dumping of "Dioctyl Phthalate" from Chinese Taipei (or Taiwan) and Korea.
"It is a clear-cut intention of the government of India to protect the domestic industry and probably all the domestic steel manufacturers will be the key beneficiary", Jatin Damania of Kotak Securities told CNBC-TV18.
Anti-dumping duties may be removed for some items. The government will review such items soon, added Singh.